2888 Fm 999
Gary Isd, Tx 75643


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Price: $297,000
Property Type: residential
MLS #: 20262135
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.
Area: Gary Isd
Year Built: 1910
Bedrooms: Two
Bathrooms: Two
Garage: 2
Acres: 5.637
Heating : Central Electric
Cooling : Central Electric
Fireplaces : Gas Logs
WATER/SEWER : Aerobic Septic System
FENCING : Chain Link Fence
ExistingStructures : Other/See Remarks
UTILITY TYPE : Electric

Courtesy: • Elevate Haven Realty LLC • 903-576-2642

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