28 ACRE LAND FOR SALE NEAR DALLAS! EAST TEXAS! EASY FINANCING $99 PER MONTH!!!
Excellent Long Term Investment- Lake Community! All Utilities! No Restrictions!
Please contact us for similar available parcels.
Are you looking for land that is going to increase in value and provide you with investment appreciation year after year even in today’s economy
The Cheapest Land for sale you’ll find in Texas!
If your idea of ‘luxurious living’ is being surrounded by a ton of greenery… tall, lush trees… and a sparkling 40 acre lake, (without the usual high cost of lakeside living) – then you might want to call Enchanted Lakes-Holiday Pines your next home.
Located right outside of Mineola, Texas, in Smith County (home of the 2,911 acre Mineola Nature Preserve), this subdivision community is perfect for family getaways, snowbirds looking for a quiet lifestyle, or year round, mobile home living.
This is one of the few property buying opportunities you’ll come across with NO outstanding property taxes or fees owed. I purchased this land directly from the county, so you can rest assured you’ll walk in to this property with a clean slate.
The mobile home lots are sized approximately 30 x 102. Annual taxes will run you $8 a year… while homesteaders pay $5, and some even go as low as $1. The residential spaces are twice the size of mobile home lots, and annual taxes are about $10.75. HOA (Home Owners Association) dues will cost you less than $30 a year.
So basically, if you take a residential lot (the most expensive option here), your annual taxes and HOA fees are only $40.75 a year.
But it’s not just the great deal you’re getting. Shopping is a close drive to the community. And if you’re ready for a night out, Shreveport, Louisiana, will keep you busy with great restaurants and casinos. Going in the other direction, Dallas, Texas is only an hour and 40 minutes away.
All lots come equipped for water and electric. Sewer is available by septic. And there are roads leading to all the lots.
The only downfall is that the subdivision POA and developer went bankrupt several years ago. The roads were initially paved, but dues were never collected to make repairs. The road leading into the community is bumpy, which means you’ll have to drive slow. The individual who owns the subdivision will be charging a yearly fee for lake access, which will go towards making basic road repairs.
Before you invest, take a look around. I GUARANTEE you won’t find another community with prices this low for the location and cost of living perks you get.
Legal Description: Lot 112 of the Enchanted Lakes subdivision, situated near the town of Mineola, Smith County Texas, and further described according to the plat or map thereof in the office of the Smith County Clerk, Texas.
Property Maps:
Pictures of this Property:
Legal Information
- Physical Address:
- Legal Description: Lot 112 of the Enchanted Lakes subdivision
- Size: Approximately 5 Acres
- Terrain: paved roads (must drive slowly as they are in need of repair)
- Access: Property is right off the paved road!
- Zoning: Residential
- Sewer: Septic
- Water: Must pay local utility for hookup
- Utilities: Must pay local utility for hookup
- Conveyance: Warranty Deed
- Time Limit To Build: There is no time limit to build. Is the property buildable? All real properties need some type of improvement before a structure can be erected. The location of utilities, foliage removal, zoning, and other location specific details apply to this parcel. Please walk the property and contact the county for the answers to these questions.
- Taxes: Appox $10.75/year for the entire parcel. Taxes are current. Notices for 2014 taxes will br sent out to new owner
- Terms:
- Association Dues: $30 / year non residents- check out http://www.enchantedholidaylake.com/ for fee schedules
- Mineral Rights: Not included
- Title Information: N/A
Financing Information
- Financing Details: Other properties in the same area have listed or sold for between $2,000 and $5,000 or more per acre.
- Price: $7329.00
- Down Payment: $329.00
- Monthly Payment: $90 Month / 120 months at 6.58%
- Interest Rate:
- Terms of Payment:
