




$170,000
197 Gladys Street, Lone Oak, TX, 75453
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About this property
Handyman special two bedroom and one bathroom with original hardwood floors with room to build another house! Located in Lone Oak ISD! 5+ acres! The land is fenced, located in the city limits of Lone oak and has a 2nd water meter for the back of property Cows currently on property. There is a second entrance to back of property with a 12 ft easement. Barn on property currently used for hay, small pole barn and a pond. Owner has filed for Ag four years in a row & close to ag exempt if desired. All information is approximate. Buyers and buyers agent to verify all information including utilities. All building guidelines will need to be discussed with the city of Lone Oak.
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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: Lone Oak
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