0 Tbd High Mdw Dr Mount Vernon, TX 75457
This exceptional two-acre commercial lot is situated in the highly desirable Long Acres subdivision of Mount Vernon, Texas, zip code 75457. Located just outside city limits, this property offers convenient access to downtown Mount Vernon, Lake Cypress Springs, and Lake Bob Sandlin. The lot is part of a community known for its spacious, large-acreage homes, providing ample privacy and a tranquil setting. Existing homes in Long Acres boast values ranging from $300,000 to over $700,000, reflecting the area's high demand and desirability. This is one of the few remaining undeveloped lots in the subdivision, presenting a unique opportunity for commercial development. The property's address is TBD High Meadow Dr, Franklin County, Texas. The asking price for this prime commercial land is $48,500. Its location at latitude 33.1462516 and longitude -95.2236975 offers easy access to local amenities and attractions. This is an excellent investment opportunity for those seeking a substantial commercial lot in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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