




$118,090
NAL Estimated Property Value4387 Fm 2947, Greenville, TX, 75402
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About this property
Opportunity awaits on this 1-acre, tree-covered property in Greenville, Texas, located within the Lone Oak ISD. Whether you're looking for your next investment, a future homesite, or a place to build a weekend getaway, this property offers plenty of potential in a great location just minutes from Greenville Club Lake and Lake Tawakoni. The existing 1950s mobile home and other structures are considered to have no contributory value, creating the opportunity for you to clear the property and start fresh with a beautiful, shaded building site. Seller states there are no known restrictions, allowing flexibility for a variety of future uses. Seller also states the property backs to land owned by the Sabine River Authority, and that a lease may be available through the River Authority for water access. Buyers should verify all information including but not limited to restrictions, leasing opportunities, utilities, school districts and intended use. Properties with mature trees, a convenient location, and this much potential don't come along often. Bring your vision and make it your own.
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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: Greenville
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