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Mixed-Use Land for Sale in Lone Oak, Texas

101 Wallace St, Lone Oak, TX 75453

$69,999
0.25 acres
Active sale
$2.5k drop
Est $519/mo

Prime .25-acre commercial corner lot located at the intersection of Hwy 69 South and Wallace Street in the growing community of Lone Oak, offering excellent visibility and high traffic exposure. Zoned as a commercial city lot with storage as an approved use, the property has previously operated as a successful snow cone stand, showcasing its potential for retail, food service, or other small business opportunities. Utilities are already in place with active water and electricity meters, along with access to city sewer, water, and trash services. This highly accessible corner location is just minutes from Lake Tawakoni and situated within a desirable school district, making it an ideal investment or business location in a rapidly developing area. The size and layout also make it a great option for a small office or professional space with strong visibility. An additional adjacent approximately .20-acre parcel may be available in the future, offering potential for expansion (buyer to verify).

Location

Street address
101 Wallace St
Zip code
75453
Community
Orig Town of Lone Oak
School district
Lone Oak ISD
Elevation
564 feet
Coordinates
33.0009, -95.9421

Directions

Take Highway 69 South from Greenville property is on the right before you get to the Dollar General. It is on the corner of Highway 69 and Wallace Street.

Property details

Lot size
0.25 acres10,890 sq ft
MLS #
NTREIS 21221830
Posted

Property taxes

Recent
$571

Parcels

  • 73740

Legal description

Details and features

Listing

Type
Land
Zoning
Commercial Lot That Was A Snow Cone Stand Commercial Storage

Lot

Features
City Lot, Cleared, Corner Lot

Structure

Water
Public
Sewer
Public Sewer

Nearby schools

NameTypeDistrict
LoneoakElementaryLone Oak ISD
LoneoakMiddleLone Oak ISD
LoneoakHighLone Oak ISD

Listing history

DateEventPriceChangeSource
June 13, 2026Price drop$69,999$2,501 -3.4%NTREIS
Apr 29, 2026Price drop$72,500$2,499 -3.3%NTREIS
Mar 28, 2026New listing$74,999NTREIS
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This 0.25-acre property is located at 101 Wallace St in Lone Oak, TX 75453. The land is available for sale, priced at $69,999.

Listed by Bradford Elite Real Estate, (972) 689-9582

Checked 2 hours agoUpdated Source

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