437 Neva Ln, Denison, TX 75020

$1,250,000

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List Price
$1,250,000
MLS#
21248546
Status
ACTIVE
Type
Land
Subtype
Land
Acres
3.63
County
Grayson
City
Denison
Subdivision
THOMPSON HEIGHT

Property Description

Situated on the third largest freshwater lake in Texas, you’ll find one of the RAREST lots on Lake Texoma! You will own all the way to the water’s edge with 181 feet of shoreline in a dockable cove all to yourself. Even better—approximately $125,000 worth of dirt work and land clearing has already been done for you, giving you a major head start. You can still dictate additional tree removal and truly make the property your own. This is an opportunity to create your family’s legacy lakefront estate with two homesites ready for your private family compound. Located outside of city limits with a low 1.61% tax rate, you’ll have the freedom to do what you want—plus free choice of builder. Water line is at the street, electricity is available; you’ll just need a septic system. You’re just 0.5 mile from Eisenhower State Park & Yacht Club, where you can rent boat slips, enjoy sandy beaches, plus miles of hiking, biking, ATV, and horse trails—and only 5 minutes from the Spillway Boat Ramp. While this property is tucked away near Ross Perot's Lake Texoma Estate, it is 2 miles away from the upcoming Preston Harbor community, which will offer lakefront dining options and the anticipated Margaritaville Resort. You’re surrounded by multimillion-dollar properties, including a neighboring home valued over $2M, and Denison’s highest-priced lake property at $10.9M right here in Thompson Heights—so you’re in very good company. The OPPORTUNITY to own lakefront property like this is NOW!

Additional Information

Unexempt Taxes
$13,923
Lot Size
158,035
Acres
3.63
Lot Description
Cleared, Few Trees, Waterfront
School District
Denison Isd
Elementary School
Mayes
Middle School
Henry Scott
High School
Denison
Possession
CloseOfEscrow
Proposed Use
Residential

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Calculator source: Real Geeks

Listing courtesy of Megan Christensen from Texas Life Real Estate. Contact: 903-818-6079