Listed by Monument Realty (214-535-0562)
Positioned along State Highway 289 with valuable road frontage, this versatile property offers exceptional potential for both commercial and residential use in a rapidly growing area. Located near Lake Texoma and only 30 minutes from Choctaw Casino, this property benefits from strong traffic exposure and increasing demand driven by ongoing area growth. Zoning flexibility makes this tract especially attractive, with the highest and best use aligning with B-2 General Business District, ideal for contractor yards, auto-related businesses, or retail with outdoor display. Additional potential uses include B-1 Light Commercial for retail, office, or service-based businesses, R-1 single-family residential development, and R-2 Duplex District for investment or multi-unit opportunities. Adding to the long-term value, there are proposed future plans for expansion of State Highway 289, which may further enhance accessibility, traffic flow, and overall commercial viability. City water and city sewer are nearby per the City- buyer to verify availability and connection requirements. Property is also subject to a waterline easement located along the far rear of the property. An adjacent 3.269-acre tract is also available for purchase- See MLS 21257140, offering the opportunity to combine for a total of approximately 6.596 acres, ideal for larger-scale development or investment hold. This is a rare opportunity to secure a strategically located property with multiple use options in an area poised for continued growth. Please Note: Seller intends to record a restrictive covenant establishing a treed 'no-cut' privacy buffer (approx. 25') along the north boundary of the property, helping preserve natural screening adjacent to the neighboring residence.

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Property Details of 3.328 Acres Highway 289 Highway

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Based on information submitted to North Texas Real Estate Information Services as of May 15, 2026 4:40 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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