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$69,749

$69,999

101 Wallace St, Lone Oak, TX, 75453

On MarketInfo
CommercialInfo
Price DropInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Exterior FeaturesStorage
Lot Size10,890 sqft

Land Information

APN4395-0330-001C-51
Lot Number1C
SubdivisionOrig Town Of Lone Oak
Land UseCommercial
Legal DescriptionS4395 ORIG TOWN OF LONE OAK BLK 33 LOT 1C ACRES .25
Census Tract960700
Assessed Land Value$27,230
Assessed Improvement Value$380
Assessment Year2025

About this property

BIG VISIBILITY, SMALL-TOWN CHARM, AND SO MUCH POTENTIAL! This prime 0.25-acre commercial corner lot sits at the intersection of Hwy 69 South and Wallace Street in Lone Oak, offering fantastic visibility and an exciting opportunity to bring your business vision to life. Coffee shop, drive-thru concept, boutique, snow cone or dessert shop, small office, or professional space—the possibilities are endless! Previously operated as a successful snow cone stand, this property already has active water and electricity meters in place, along with access to city sewer, water, and trash services. Storage is also an approved use under the current commercial zoning. With its prominent Hwy 69 corner location and Lake Tawakoni just minutes away, this could be the perfect spot to serve locals, commuters, and lake traffic alike. Bring your vision and make this highly visible Lone Oak corner your own! Buyer and buyer's agent to verify zoning, permitted uses, utilities, access requirements, and parcel size.

Investor Tools

$0Estimated Mortgage Balance
$27,610Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$418 /month
Positive
Cash Flow Estimate:
$139 /month

Interested in this property?

Jennifer Samples

Bradford Elite Real Estate LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$51/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$478
$27,610
2025
$27,230
$380
$27,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$478
$27,610

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$27,610
100%
0%
$0/mo

City: Lone Oak

101 Wallace St | Property Details | No Agent List