Address
2888 Fm 999, Gary, TX
Price
$ 293,500
Property Attributes
- MLS#20262135
- TypeSingle Family
- Listing Status Active
- CountyPANOLA
- CityGary
- AreaGary Isd
- NeighborhoodTX
- Zip75643
- Style
- Year Built1910
- Taxes$ 3325
- Price$ 293,500
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1260
- Lot Size5.637 Acres
Data Source:
Longview MLS (LAAR)
Property Description
Discover the potential of this versatile 5-acre property offering immediate income and long-term upside. Located just minutes from Lake Murvaul, this property combines investment opportunity with recreational appeal, making it attractive to both long-term tenants and short-term renters. The property includes a primary residence ready for renovation, a secondary manufactured home that can be utilized for rental income or on-site management, and a barn suitable for storage, workshop space, or future conversion. In addition, there are six established RV hookup sites, providing an excellent opportunity for consistent monthly or short-term rental income. A standout feature is the fully stocked pond on the property, adding both value and appeal for tenants, guests, or future resale. Whether used for fishing, relaxation, or enhancing the overall experience of the property, this feature helps set it apart from typical investment tracts. With infrastructure already in place, this property offers the ability to generate cash flow from day one. The RV spaces alone can significantly offset ownership costs, especially with proximity to the lake driving demand for affordable, flexible housing and recreational stays. The 5-acre layout provides flexibility for a variety of investment strategies, including expanding additional RV or mobile home sites, creating a small-scale RV park, developing workforce housing, or renovating existing structures to increase rental rates and overall property value. Whether you’re looking to hold as a cash-flowing asset, improve and increase rents, or reposition the property for future resale, this is a unique opportunity with multiple paths to profitability. Bring your vision and take advantage of the groundwork already in place.
| Price History | |
|---|---|
| 3/26/2026 | Listed $307,000 |
| 4/16/2026 | 4$297,000 |
| 5/29/2026 | 1$296,000 |
| 8/13/2026 | 1$293,500 |
General Features
| Heating | Central Electric |
|---|---|
| Cooling | Central Electric |
| Fireplaces | Gas Logs |
| Garage | Detached,RV Pad |
| Flood Zone | No |
| Full Baths | 2 |
| Year Built | 1910 |
| Water Heater | Electric |
| Stories Count | 1 Story |
| County | Panola |
| Class | RESIDENTIAL |
| Type | Single Family |
| Parcel Number | 3019/17639/46860 |
| Status | ACTIVE |
| Subdivision | TX |
| Sale/Rent | For Sale |
| Warranty | As-Is Condition at Closin |
| Primary City | Gary |
| Directions | From the road tracks in Gary,follow FM 999 aprox 0.2mi. House on right,red roof,SIY. |
| City | Gary |
| School District | Gary ISD |
| WILL SELL | Cash,FHA,Conventional,VA |
| Homeowners Fee Y/N | No |
| Foreclosure/Bank Owned | No |
| Hot Tub/Spa Y/N | No |
| Postal Code | 75643 |
| Age Range | 75+ |
| Public Remarks | Discover the potential of this versatile 5-acre property offering immediate income and long-term upside. Located just minutes from Lake Murvaul,this property combines investment opportunity with recr |
Interior Features
| Beds | 2 |
|---|---|
| SqFt Source | Tax Assessor |
Exterior Features
| Waterfront | No |
|---|---|
| Garage Type | Carport |
| Pool (Y/N) | No |
| Garage Capacity | 2 |
| Lot Dimensions | 5.637 A |
| Fencing | Chain Link Fence |
| Pool | None |
| Lot Size | 5-10 |
| Water/Sewer | Aerobic Septic System |
| Existing Structures | Other/See Remarks |
| Number of Acres | 5.637 |
| Foundation Style | Pier And Beam |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 75643
Price
Taxes
Year Built
Visits
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