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Recreational Land for Sale in Mount Vernon, Texas

FM 3122, Mount Vernon, TX 75457

$6,400,000
43.4 acres
Active
Est $44,099/mo

The best of both worlds: Land and Lake! 43+ acres on Lake Cypress Springs! 350+ feet of water front! Build your castle, or replat and develop. Either way, this is an extremely unique property on the most beautiful lake in Texas. Woods & water, jet-skis & 4-wheelers, bass & bucks! It's everything for everyone, all in one spot. On the lake side, the property shares a boundary with Tall Tree Estates. (Tall Tree has previously expressed willingness to annex the waterfrontage, so that's an option if it appeals to you.) On the street side, the property's 900+ feet of rolling, wooded road frontage is just east of Eagle Point. Approximately 28 acres is fee simple, and approximately 14.8 acres is leaseback, subject to the jurisdiction of the Franklin County Water District.

Location

Street address
FM 3122

Directions

From Dallas: Take exit 146 on Interstate 30. Turn Right at the light on to TX 37. Turn Left on to FM 21. Turn Right at the flashing light onto FM 115. Turn Left onto FM 3122. Property is approx. 2 miles on the Right, shortly passed the entrance to Eagle Point.

Property details

Acreage
43.4 acres
MLS #
GTAR 25007908
Posted

Property taxes

Recent
$5,000

Details and features

Listing

Type
Land
Subtype
Other

Lot

Features
Waterfront

Exterior

Fencing
Fenced
Features
Fencing

Nearby schools

NameLevelDistrictDescription
MT VernonElementary
MT VernonMiddle
MT VernonHigh

Listing history

DateEventPriceChangeSource
May 24, 2025New listing$6,400,000GTAR
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This 43.4-acre property is located at FM 3122 in Mount Vernon, TX 75457. The property is available for sale for $6,400,000 with a price per acre of $147,465.

Checked 4 mins ago — Updated

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