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2888 Fm 999

Gary, TX 75643
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Bed 2

Bed

Bath 2

Bath

SqFt1,260

Sqft

Acres5.64

Acres(Lot)

Discover the potential of this versatile 5-acre property offering immediate income and long-term upside. Located just minutes from Lake Murvaul, this property combines investment opportunity with recreational appeal, making it attractive to both long-term tenants and short-term renters. The property includes a primary residence ready for renovation, a secondary manufactured home that can be utilized for rental income or on-site management, and a barn suitable for storage, workshop space, or future conversion. In addition, there are six established RV hookup sites, providing an excellent opportunity for consistent monthly or short-term rental income. A standout feature is the fully stocked pond on the property, adding both value and appeal for tenants, guests, or future resale. Whether us ed for fishing, relaxation, or enhancing the overall experience of the property, this feature helps set it apart from typical investment tracts. With infrastructure already in place, this property offers the ability to generate cash flow from day one. The RV spaces alone can significantly offset ownership costs, especially with proximity to the lake driving demand for affordable, flexible housing and recreational stays. The 5-acre layout provides flexibility for a variety of investment strategies, including expanding additional RV or mobile home sites, creating a small-scale RV park, developing workforce housing, or renovating existing structures to increase rental rates and overall property value. Whether you’re looking to hold as a cash-flowing asset, improve and increase rents, or reposition the property for future resale, this is a unique opportunity with multiple paths to profitability. Bring your vision and take advantage of the groundwork already in place.

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Detail Ic Property Details

Property Type : Residential

Price : $307,000

AD Id : 76510378

MLS Id : 20262135

Beds : 2

Lot Size : 5.64 Acres

Living Area Size : 1,260

Year Built : 1910

Garage : 2

County : Panola

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Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Full Baths: 2

    Room Information

    Rooms Total: 7
  • Interior Features

    Appliances: Electric Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1910 Private Pool: No

  • Lot Information

    Lot Size Acres: 5.637

  • Listing Price Information

    Listing Price: $307000

  • Tax Information

    Parcel Number: 3019/17639/46860 Annual Tax: $3325

  • Parking Information

    Detached

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    Direction: From the road tracks in Gary, follow FM 999 aprox 0.2mi. House on right, red roof, SIY.
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At $243.65 per sq.ft.,this listing is priced below average compared to other homes from Gary.

The average homes price in Gary is $370202.62 with avg. price / sq.ft of $2102.04.

The average homes price in Panola County is $373818.81 with avg. price / sq.ft of $2100.74.

How much is this property worth?

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
144 & 150 Cr 1912, Gary, TX, 75643 $295,000 3 2 1,879 1,879 SqFt
1943 Cr 121, Gary, TX, 75643 $379,900 3 3 2,466 2,466 SqFt
3737 Fm 10, Gary, TX, 75643 $315,000 3 2.5 2,070 2,070 SqFt
305 County Road 193, Gary, TX, 75643 $489,999 2 2 1,900 1,900 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Longview Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Longview Area Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 04/06/2026 @ 22:02

MLS: 20262135 LISTED BY: James Suchy, Elevate Haven Realty LLC 903-576-2642 SOURCE: Longview Area Association of REALTORS

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