Land with Home for Sale in Wills Point, Texas

Rare opportunity to own approximately 3.3 acres less than one mile from Lake Tawakoni destinations for boating, fishing, and year-round fun. Combining immediate income with future upside, this property offers the flexibility investors and entrepreneurs are searching for. The property is currently improved with two manufactured homes, including two occupied by long-term tenants, providing established rental income from day one. Each home enjoys its own private driveway, enhancing privacy and functionality for occupants. The acreage is fully fenced with gated entry, One home is a 2 bedroom, 2 bath approximately 1,216 sqft and the other is 1 bedroom, 1 bathroom approximately 980 sqft while a substantial workshop offers space for equipment, storage, business use, boats, RVs, or recreational gear sitting by the pond. With level topography, usable acreage, and a location just minutes from the lake, buyers may envision a variety of future possibilities, including a boutique tiny home community, additional cabins, RV accommodations, boat storage, or other recreational and investment ventures, subject to zoning, permitting, and local approvals. Properties offering existing cash flow, room to expand, and close proximity to Lake Tawakoni are becoming increasingly difficult to find. Whether you're seeking an income-producing investment, a private lakeside escape, or a property with long-term growth potential, this versatile tract presents an opportunity to enjoy returns today while planning for tomorrow's vision.