Tbd Highway 69 & W Loop 564

mineola, Tx 75773

Price: $1,950,000
Property Type: Commercial Industrial
MLS #: 10115630
County: Wood
Bedrooms: None
Bathrooms: None
Acres: 94.18
Virtual Tour: Click here to view
For almost a hundred years now a small group of neighbors have been enjoying the quiet beauty and serenity of this wonderful private lake nestled among towering oaks and pine trees. Now…for the first time…the owners are selling this spectacular estate. The possibilities are endless! The Mineola Club Lake is a total of 94 acres divided by roadways into 3 sections. The largest section is approximately 54 acres of heavy woods surrounding the 14-acre lake (approx. 3500’ of shoreline!) and would be ideal for development particularly as a private gated community. There is a roadway around the shoreline too. While only minutes away from the heart of downtown Mineola…a key aspect of this estate is that it is not in the city limits allowing for more flexibility and creativity in design and development. The second area which is also outside of the city limits is across Loop 564 to the northwest. It is 17.5 acres with approximately 55% pasture to trees. The last area is to the north of the lake across Highway 69 and is 22.9 acres and this section is inside the city limits and zoned for light commercial usage. The attached aerial delineates boundaries of each parcel. The owners will not subdivide the property so new owners with have many opportunities to direct development or sell off sections. Mineola is a fabulous East Texas location with a historic downtown…train station…farmers’ market…entertainment…antique shopping and the amazing 2900-acre Nature Preserve! This is a once…in several lifetimes’ opportunity…let us show you just how spectacular this estate has been and what future possibilities may arise from it!