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27257504
27257505

259 Co Rd 2500, Mineola, TX 75773

KB
Jones and Co Realty
Listed by Jones and Co Realty
$850,000
248 days on market
Updated 154 days ago

259 County Rd 2500

Details
Property Type Land
Sub Type Agricultural, Commercial (+1)
Acreage 40.680
Zoning None
Ownership Johnston Family Trust

Land | 40.68 acres

Marketing description

Perfect location of a destination restaurant or a housing development. 40+ acres this close to town is unheard of! And just outside the city limits, there’s freedom to develop. This beautiful acreage is a mixture of wooded and cleared land surrounding a small lake. Imagine Mineola's next housing development with lake views only 5 minutes to the grocery store or downtown! Sitting at the intersection of FM 1254 and CR 2500, it's a prime location for development. Access to both roads already exists. The house on the property has updated plumbing and HVAC leaving the aesthetics to a buyers' preferences. Or the home could be removed to develop the land in other ways. Contact listing agent for photos of house.

Investment highlights

Mineola is growing quickly! Attached you’ll find the population and demographic current and projected numbers for Mineola. There are current plans to invest in and update internet (fiber) throughout the city. Construction was completed in 2024 on a new wastewater treatment expansion, the second since 1999. New Primary school opened in August 2024. In addition, we are in the process of developing an updated strategic growth plan for the future. It will include plans and budgeting for streets, drainage, zoning, parks, utilities, etc.


Current building trends are for smaller single family homes (1500-1800 sqft). $235K - $250K. A housing development this close to town has tremendous potential.

Mineola is home to the Mineola Nature Preserve – the largest city-owned park per capita in the United States at 3000 acres. We are a State and National Main Street City since 1987, a Certified Texas Scenic City, a Preserve America Community, a Texas Film Friendly City, a certified retirement community, and a Lone Star City (Commitment to Economic Development). Amtrak stops here twice a day. We are within 30 minutes of Lake Fork (Bass Fishing Capital of Texas), 75 miles east of Dallas and 20 miles north of Tyler (major metro areas). Festivals and city activities are in motion all year. Our downtown, our schools, and merchants are constantly recognized and interviewed for “best of…” things, and we have the oldest continuously operating theater in the state of Texas. Good place to be.

Listing Contacts

KB
Jones and Co Realty
Listed by Jones and Co Realty

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