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Magnificent incredible property that backs up to the Corps of Engineers land overlooking Lake Lavon. ±7.66 acres with a main house and 3 cabins or tiny homes that are all very nicely finished out, and could be income producing rentals. Property is currently used as residential but has tremendous commercial or development potential. The property is in the county and removed from the ETJ, however if a developer decides to bring in sewer from one of the nearby developments, then it would need to annex into the city. This is the last property on the left when leaving the peninsula. It would be ideal for a retail center or a mixed use type development. Perhaps homes, townhomes or apartments overlooking the lake in back. It is truly a unique offering and rare opportunity. Just minutes to major shopping in Allen and McKinney. About 20 minutes to Hwy 75 or about 10 minutes to 380 in Princeton. Walmart is about 10 minutes away in Lucas. Buyer to verify all information.
| LAST UPDATED | 2/13/2026 | TRACT | SD Terry Surv Abs #890 |
|---|---|---|---|
| YEAR BUILT | 1960 | COUNTY | Collin |
| STATUS | Active | PROPERTY TYPE(S) | Lot/Land/Acreage |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| HEAT | Propane |
| LOT | 7.66 acre(s) |
| LOT DESCRIPTION | Agricultural, Cleared, Few Trees, Irregular Lot, Waterfront, Wooded |
| SEWER | Septic Tank |
| SUBDIVISION | SD Terry Surv Abs #890 |
| TAXES | 3834 |
| UTILITIES | Electricity Connected, Phone Available, Propane, Sewer Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Water |
| WATERFRONT | Yes |
| ZONING | Un-zoned. In the county, not ETJ. |
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Listing provided by David Gloria, Ebby Halliday, Realtors
You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.This data was last updated on: 2/14/26 12:01 AM PST
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