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$889,000

$975,000

172 CR 183, Carthage, TX, 75633

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Price DropInfo
Baths0 Bath

About this property

Welcome to this incredible property in Panola County! This expansive 69.46 acres offers a prime location within walking distance to the picturesque Lake Murvaul, making it a haven for outdoor enthusiasts and nature lovers. The centerpiece of this property is a charming country 1-bedroom, 2-bathroom barndominium, completed in 2021. Designed with comfort and style in mind, the barndominium features a front and back covered porch, inviting you to relax and enjoy the serene surroundings. Inside, you'll find a thoughtfully designed open concept living/kitchen space boasting barn doors, a breakfast bar, granite countertops, high ceilings in living area, stainless steel appliances including gas stove, laundry room, and custom-built cabinets. Ample counter and cabinet space provide convenient storage options, while the tankless water heater ensures a continuous supply of hot water. Additionally, a full home generator for uninterrupted power supply, and a well that services the outdoor areas, while the house is supported by local water company. The property has four ponds, adding to it's natural beauty and providing opportunities for fishing or enjoying peaceful waterfront views. The land is thoughtfully fenced and cross-fenced Located near Lake Murvual opens up possibilities for an Airbnb venture, attracting visitors looking for a tranquil escape or the property has a possible potential for further development, whether it's expanding the existing structures or constructing additional buildings to accommodate various needs. In summary, 69.46+/- acre property in Panola County offers a unique blend of natural beauty, modern amenities, and lucrative investment opportunities or building your dream home. This property is sure to exceed your expectations. Don't miss the chance to make this remarkable property your own. Let's go look, give me a call at 903-692-3676.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,334 /month
Positive
Cash Flow Estimate:
$1,778 /month

Interested in this property?

Carolyn Cagle

Coldwell Banker Home Place - Carthage

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Financing Details

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

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.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Carthage

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172 CR 183 | Property Details | No Agent List