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$540,000

18 Acres Rock Creek Road, Gordonville, TX, 76245

On MarketInfo

About this property

Positioned just minutes from the shores of Lake Texoma, this 18 acre parcel offers the perfect balance of peaceful country living and easy access to vibrant nearby destinations. Located near the entrance of the scenic Rock Creek Resort community, this unimproved lot presents an excellent opportunity to build your custom home or weekend getaway in one of North Texas’s most desirable recreational areas. Enjoy the convenience of being a little over an hour from the DFW metroplex, 30 minutes from the rapidly expanding Sherman and Denison markets, and just down the road from exciting new developments like the future Hard Rock Hotel & Resort. The Megastar Casino is only five minutes away and you’re not from from Choctaw or Winstar World Casino, providing entertainment and dining close to home. Situated just off FM 901 and US Hwy 377, this property offers smooth access to nearby towns, Whitesboro ISD schools, shopping, and outdoor adventure. Essential utilities are in place to simplify your build—GCEC electric service is available, and water is provided by Northwest Water at the road. Light restrictions are in place to preserve the character and value of the surrounding area, while still allowing flexibility in your home design. Additional acreage is available for those seeking more space or long-term investment potential. Whether you're drawn to the lake, planning a future homestead, or simply looking for a smart land purchase in a growing region, this beautiful tract is a standout opportunity. We have options to purchase 1.181 acres up to 54+ acres.

Investor Tools

$0Estimated Mortgage Balance
$540,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,240 /month
Positive
Cash Flow Estimate:
$1,080 /month

Interested in this property?

Cory Meals

eXp Realty LLC

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Financing Details

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

City: Gordonville