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Mixed-Use Land for Sale in Morgan, Texas

265 FM 56, Morgan, TX 76671

$1,950,000
8.18 acres
Active
$250k drop
Est $12,203/mo

So Much Opportunity with this Property! 11 Buildings on 8 Total Acres with a Pool and Volleyball Court! All at the Main Corners of Lakeside Village at Lake Whitney. Property is Split, 2 Buildings and 1.14 acres are on the West Side of FM 56 and the other 7 acres and 9 Buildings are on the East side of FM 56. This Property was a 24 hour Rehab facility where patients lived during their recovery. It housed over 30 patients at one time. Multiple Cabin Style Bedrooms all with Bathrooms. Plenty of Offices, and Open Meeting Rooms throughout! Separate Gym Building, Insulated Shop, 7 RV Hookups and so much more! All less than half a mile to the Boat Ramp! Will Divide

Sq feet
2000
Built

Location

Street address
265 FM 56
Community
Lakeside Village Annex
Elevation
638 feet

Directions

South on 174 out of Cleburne to FM 56 property is on the corner of FM 56 and FM 927 in Lakeside Village

Property details

Acreage
8.18 acres
MLS #
NTREIS 20960646
Posted

Parcels

  • R17436

Legal description

Resources

Details and features

Listing

Type
Commercial Sale
Subtype
Business

Structure

Heating
Central, Electric, Propane
Cooling
Central Air
Materials
Cedar, Metal Siding, Stone
Roof
Metal

Interior

Flooring
Ceramic Tile, Tile

Property utilities

CategoryTypeStatusDescription
GasPropaneConnected

Listing history

DateEventPriceChangeSource
Nov 26, 2025Price drop$1,950,000$250,000 -11.4%NTREIS
Aug 27, 2025Price drop$2,200,000$400,000 -15.4%NTREIS
June 10, 2025New listing$2,600,000NTREIS
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This 8.18-acre property is located at 265 FM 56 in Morgan, TX 76671. The property is available for sale for $1,950,000. It has a structure built in 2000.

Checked 27 mins ago — Updated

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