
Mixed-Use Land for Sale in Lone Oak, Texas
101 Wallace St, Lone Oak, TX 75453
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
- County
- Hunt County
- Zip code
- 75453
- Community
- Orig Town of Lone Oak
- School district
- Lone Oak ISD
- Elevation
- 564 feet
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
S4395 ORIG TOWN OF LONE OAK BLK 33 LOT 1C ACR
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
| Name | Type | District |
|---|---|---|
| Loneoak | Elementary | Lone Oak ISD |
| Loneoak | Middle | Lone Oak ISD |
| Loneoak | High | Lone Oak ISD |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 13, 2026 | Price drop | $69,999 | $2,501 -3.4% | NTREIS |
| Apr 29, 2026 | Price drop | $72,500 | $2,499 -3.3% | NTREIS |
| Mar 28, 2026 | New listing | $74,999 | — | NTREIS |










