$307,000

2888 FM 999, Gary, TX 75643

  • 2 beds |
  • 2 baths |
  • 1,260 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon5.64acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $244/sqft
  • Property List Date Icon Listed 9 days ago

Property Description

Discover the potential of this versatile 5-acre property offering immediate income and long-term upside. Located just minutes from Lake Murvaul, this property combines investment opportunity with recreational appeal, making it attractive to both long-term tenants and short-term renters. The property includes a primary residence ready for renovation, a secondary manufactured home that can be utilized for rental income or on-site management, and a barn suitable for storage, workshop space, or future conversion. In addition, there are six established RV hookup sites, providing an excellent opportunity for consistent monthly or short-term rental income. A standout feature is the fully stocked pond on the property, adding both value and appeal for tenants, guests, or future resale. Whether used for fishing, relaxation, or enhancing the overall experience of the property, this feature helps set it apart from typical investment tracts. With infrastructure already in place, this property offers the ability to generate cash flow from day one. The RV spaces alone can significantly offset ownership costs, especially with proximity to the lake driving demand for affordable, flexible housing and recreational stays. The 5-acre layout provides flexibility for a variety of investment strategies, including expanding additional RV or mobile home sites, creating a small-scale RV park, developing workforce housing, or renovating existing structures to increase rental rates and overall property value. Whether you’re looking to hold as a cash-flowing asset, improve and increase rents, or reposition the property for future resale, this is a unique opportunity with multiple paths to profitability. Bring your vision and take advantage of the groundwork already in place.

Listing Status:
Active
Date Added:
March 26, 2026
Data Last Updated:
April 4, 2026 at 8:43PM
Listing Office:
Elevate Haven Realty LLC : 903-576-2642
Listing Agent:
James Suchy : 903-315-6494
MLS ID:
20262135
  • A/C: Central Electric
  • Heating: Central Electric
  • Fireplace: Gas Logs
  • Other Structures: Other/See Remarks
  • Pool: None
  • Parking: Parking spaces: 2
  • General: 1 StoryPier And Beam
  • School District: Gary ISD
  • County: Panola
  • Zoning: AB 432 E MORRIS3019/17639/46860
  • Fencing: Chain Link Fence
  • Utilities: Electric
  • Water: Aerobic Septic System
  • Sewer: Aerobic Septic System

This listing courtesy of James Suchy , Elevate Haven Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Gary School

132 Bobcat Trl, Gary, TX, 75643

Grades PK-12

0.37 miles away

G

Gary School

132 Bobcat Trl, Gary, TX, 75643

Grades PK-12

0.37 miles away

G

Gary School

132 Bobcat Trl, Gary, TX, 75643

Grades PK-12

0.37 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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