Price Reduction
Address
2888 Fm 999, Gary, TX
Price
$ 293,500
Property Attributes
  • MLS#20262135
  • TypeSingle Family
  • Listing Status Active
  • CountyPANOLA
  • CityGary
  • AreaGary Isd
  • NeighborhoodTX
  • Zip75643
  • Style
  • Year Built1910
  • Taxes$ 3325
  • Price$ 293,500
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1260
  • Lot Size5.637 Acres
Data Source:
Longview MLS (LAAR)
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.

Price History
3/26/2026 Listed $307,000
4/16/2026 4$297,000
5/29/2026 1$296,000
8/13/2026 1$293,500

General Features

Heating Central Electric
Cooling Central Electric
Fireplaces Gas Logs
Garage Detached,RV Pad
Flood Zone No
Full Baths 2
Year Built 1910
Water Heater Electric
Stories Count 1 Story
County Panola
Class RESIDENTIAL
Type Single Family
Parcel Number 3019/17639/46860
Status ACTIVE
Subdivision TX
Sale/Rent For Sale
Warranty As-Is Condition at Closin
Primary City Gary
Directions From the road tracks in Gary,follow FM 999 aprox 0.2mi. House on right,red roof,SIY.
City Gary
School District Gary ISD
WILL SELL Cash,FHA,Conventional,VA
Homeowners Fee Y/N No
Foreclosure/Bank Owned No
Hot Tub/Spa Y/N No
Postal Code 75643
Age Range 75+
Public Remarks 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 recr

Interior Features

Beds 2
SqFt Source Tax Assessor

Exterior Features

Waterfront No
Garage Type Carport
Pool (Y/N) No
Garage Capacity 2
Lot Dimensions 5.637 A
Fencing Chain Link Fence
Pool None
Lot Size 5-10
Water/Sewer Aerobic Septic System
Existing Structures Other/See Remarks
Number of Acres 5.637
Foundation Style Pier And Beam

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 75643

Price
AVG $200K
$290K
Taxes
AVG $2,499
$3,325
Year Built
AVG 1970
1910
Visits
AVG 66
197
Data Provided by Inside Real Estate®

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover