
$29,000
1240 Arrowhead Drive, West Tawakoni, TX, 75474
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About this property
Excellent opportunity to build your dream home in Arrowhead Addition, just a short walk to beautiful Lake Tawakoni. This residential lot offers access to city utilities, making it ready for your new construction plans. Enjoy all the benefits of lake area living with the neighborhood park nearby featuring fishing, swimming, picnic areas, and breathtaking open water views without the price tag of a waterfront. Don't miss your chance to own a homesite near the lake! Property is city owned, offer must be approved by City Council, please allow extra time for approval. No offers accepted until after three weeks from listing date. Disclosures in transaction desk. All information is approximate, buyer and buyers agent to verify information.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: West Tawakoni
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