Movoto Real Estate
Sold on 12/05/2024

5990 Magnolia, Eustace, TX 75148

  • $3,400,000

    Last sold 12/05/2024 after 127 Days

  • bed

  • bath

  • 35.81

    Acre ($94.9K/Acre)

Lot/Land not for sale
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About 5990 Magnolia

Property type Lot/Land
HOA fee $0/month
Lot size 35.81 Acre
Property description
This tract is one of those few opportunities to secure acreage along the shorelines of Cedar Creek Lake. This beautiful 35.81-acre property has an impressive 1,848 feet of natural shoreline. What an investment to simply hold and enjoy with ag exempt property taxes of less than $100 per year until the timing is right for you to develop or build your family lakeside compound! Want to enjoy waterfront weekends meanwhile? There is currently power, water and septic set up with an ultra modern container home that is compact, but everything one needs for a peaceful weekend! Scattered mature trees abound throughout this property; beautifully framing these elevated waterviews. Countless potential to develop these parcels into luxury waterfront home sites like those across the cove, tiny home community, RV park, acreage homes with marina slips, ample road frontage for storage units, covered boat storage, let's explore the possibilities! SELLER FINANCING AVAILABLE 30% cash down.
Listed by
Listing Agent - Tammy Hosch
Listing Agent Contact: 903-802-7080
Listing Office - TX Lake & Land Real Estate
Source: NTREIS mls logo
MLS#20690520 • last updated 1 year ago
Movoto checked NTREIS for data 3 minutes ago
Overview
SubType Improved Land
MLS # 20690520
Status Closed
Lot Size (SqFt) 1559883.6
Lot Size (Acres) 35.81
Property Tax 19
Exterior
Fencing Barbed Wire
Amenities / Utilities
Sewer Septic Tank
Location
Subdivision NONE
County Henderson
Elementary School Eustace
Middle School Eustace
High School Eustace
Elementary School District Eustace ISD
High School District Eustace ISD
APN 1330170000030
Lot/ Land Details
Vegetation Grassed, PartiallyWooded
Development Status Other, StreetsInstalled
Possible Use Agricultural, Development, Grazing, Horses, Hunting, Investment, Livestock, Residential, Recreational
  • Dec 2024
    mls logo MLS # 20690520
  • Dec 6, 2024 Pending
  • Jul 31, 2024 Listed
    $3,400,000 (-43.3%)
  • Apr 2024
    mls logo MLS # 20457433
  • Apr 1, 2024 Expired
  • Dec 15, 2023 Price Change
    $5,995,000 (-33.4%)
  • Oct 18, 2023 Listed
    $8,995,000
  • 5990 Magnolia
    $3.4M
  • 75148
    $499K -16% y/y
  • Eustace
No chart available
Statistics calculated by Movoto

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N/A
8/10
6/10
Source: GreatSchools.org © 2026. All rights reserved.

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