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$374,900
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Property Description
INCOME PRODUCING PROPERTY with HUGE development potential! This versatile 3.3-acre property is LESS THAN A MILE from the sparkling shores of Lake Tawakoni, placing you in the heart of one of East Texas' most sought-after recreational areas! Whether you're looking for an investment with immediate returns or a blank canvas for your next big idea, this property delivers on BOTH! Currently, the property includes THREE MOBILE HOMES - two of which are occupied with reliable, LONG TERM TENANTS and a proven rental income history! This provides a steady cash flow from day one, while the third home offers flexibility: rent it out for additional income, use it as an on-site manager's residence, or transform it into a personal getaway near the lake for your very own lakehouse! The grounds are fully fenced and accessed through a gated entrance, offering both privacy and security. A LARGE WORKSHOP provides ample space for storage, equipment, or expansion - perfect for lake toys, RVs, boats, or even a small business operation. With flat, usable land and easy access, the property is primed for multiple uses! Thanks to its excellent location and generous acreage, this site is well-suited for future ventures such as: an RV park or campground to capture the area's tourism traffic, boat storage or lake-related rental services, additional mobile homes or cabins for short- or long-term rentals, or many other commercial or recreational projects that take advantage of the lake's popularity! Lake Tawakoni's fishing, boating, and outdoor activities draw thousands of visitors each year, making this property a rare opportunity to combine immediate income potential with long-term growth possibilities. With its strong rental history, secure infrastructure, and prime location, this is an investment you can put to work right away while you plan your next phase!
Full Property Details
Full Property Details for 356 FM 751
General
- Price: $374,900
- Status: Active
- Type: Mobile Home
- Source: NTREIS
- MLS ID: 21030275
- Updated: 12/1/2025
- Added to Site: 157 day(s) ago
Interior
- Interior Features: Other
- Appliances: Dishwasher, Electric Range
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Parking
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Carport
Location
- County: Van Zandt
- Subdivision: Acres 2.927, ABST: 527, SUR: J B MCCOWEN,
- Driving Directions: From downtown Wills Point, head north on FM 751 for 9.3 miles to property on the left.
School Information
- Elem School District: Wills Point ISD
- Midd School District: Wills Point ISD
- High School District: Wills Point ISD
- Elementary School: Willspoint
- Middle School: Willspoint
- High School: Willspoint
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Water: Community/Coop
- Utility Description: Electricity Available, Water Available
Structural Information
- Detached/Attached: Attached
- Roof: Composition
- Stories/Levels: 1
- Living Area: 1,200 Sq. Ft.
- Year Built: 1998
Lot Features
- Lot Size (Acres): 3.34
- Lot Size (Sq. Ft.): 145,490.4
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: Acres 0.413, ABST: 527, SUR: J B MCCOWEN,
- Property ID: R000039749
Listed by Re/MAX Landmark Edgewood, Kaedon Kesterson
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Schools
Schools serving 356 FM 751
School District:Wills Point Independent School District
| Name | Grades | Distance |
|---|---|---|
Wills Point Middle School 101 School Street, Wills Point, TX 75169 | 5-6 | 9.1 mi |
Earnest O Woods Intermediate School 307 Wingo Way, Wills Point, TX 75169 | 2-4 | 9.1 mi |
Wills Point Primary School 447 Terrace Drive, Wills Point, TX 75169 | PK-1 | 9.2 mi |
Wills Point J High School 200 Tiger Drive, Wills Point, TX 75169 | 7-8 | 9.1 mi |
Wills Point High School 1800 West South Commerce Street, Wills Point, TX 75169 | 9-12 | 8.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 356 FM 751
Date
Details
Price
Change
Source
10/15/2025
Price Reduced
$374,900
-2.62%
MLS
8/13/2025
Listed
$385,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 356 FM 751
Year
Property Taxes
Change
Tax Assessment
Change
2024
$103
—
$67,120
-13%
2024
$103
43%
$77,030
54%
2023
$72
4%
$49,920
142%
2022
$69
-5%
$20,600
8%
2021
$73
-1%
$18,990
7%
2020
$74
-3%
$17,720
-8%
2019
$76
-73%
$19,160
21%
2018
$278
—
$15,840
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 356 FM 751
356 Fm 751, Wills Point, TX 75169 (MLS# 21030275) is a Mobile Home property with 2 bedrooms and 2 full bathrooms. 356 Fm 751 is currently listed for $374,900 and was received on August 13, 2025. Want to learn more about 356 Fm 751? Do you have questions about finding other Mobile Home real estate for sale in Wills Point? You can browse all Wills Point real estate or contact a Coldwell Banker agent to request more information.

