2.17 Acres in Mineola, TX

Lot Description

Owner Financing Available. (see details below)

Located near the center of Mineola's main strip, this vacant commercial lot offers great exposure in this historic, business-friendly railroad town.

Property Overview:

Address: 750 E Broad St, Mineola, TX 75773

Size: 2.17 Acres

Price: $79,900

Key Features:

Direct Frontage on 5-lane Paved Road

All Utilities

Flexible General Business Zoning

Cheap Taxes

Priced Well Below Market

Property:

Can you hear the lyrics to Bob Seger's “Mainstreet”? Grab a rare opportunity to own more than 2 acres of land on Mineola's main east-west thoroughfare - a paved 5-lane highway known as Broad Street. This versatile lot offers an unbeatable blend of location, use flexibility, size, and value, making it ideal for a wide range of commercial uses.?? Flexible C-2 (General Business) Zoning: enjoy the freedom to develop a wide variety of business ventures in a business-friendly, low-tax environment. ?? Easy Ingress & Egress: designed for convenience, the lot offers flat and easy ingress and egress to Broad Street, making it accessible for all types of vehicles and operations. ??? High-Quality Paved Road Frontage: benefit from excellent visibility and accessibility with high-quality paved road frontage, perfect for attracting customers and facilitating business operations. ?? All Utilities Available: with all essential utilities in place, including electricity, water, and sewage, your development process will be straightforward and hassle-free. ?? Centralized Location: located in the heart of Mineola, attract all the attention you want. This 2.17-Acre lot is an exceptional opportunity for businesses looking to establish a presence in the historic town of Mineola. Grab it at an unbeatable Acretown price and start planning your next successful business venture today.

Call, text, or email Scott if you have any questions or would like to make an offer. If you're a Spanish speaker, please ask for Andy on our team and he'll be glad to help you. We've posted a lot of info below - including critical instructions for visiting the property - so please keep reading.

Property Description:

Address: 750 E Broad St, Mineola, TX 75773

Size: 2.17 Acres

GPS Coordinates: 32.660958, -95.479616

Full Legal Description: Available upon request

Plat Map/Survey: Available upon request

Title: General Warranty deed (clean - no back taxes, no liens)

Dimensions: starting at NW corner, 910' E (along road) x 406' S x 910' W x 426' N to Pob

Floodplain: approximately 1.75 acres

Wetlands: approximately 0.13 acres along creek channel from NW corner to rear lot line

Elevation: 389 feet

Terrain: flat to gently sloping

Condition: undeveloped, wooded

Access: 910 feet of direct frontage on E Broad Street, a paved public street

Power: available along street frontage via Wood County Electric Co-Op

Water: available along street frontage

Wastewater: available along street frontage

Taxes: $677.36 in 2024

Hoa: none

DEED Restrictions: none

ZONING: C2 - General Business

for commercial uses

setbacks: 20' from street, 10' from side, 10' from rear

School District: Mineola, Mineola, Mineola

NEAREST Cities: Mineola, Tyler, Dallas

NEAREST Airports: Tyler Pounds Regional (27 mins), Dallas Love Field (2 hrs 4 mins), DFW International (2 hrs 10 mins)

Visiting the Property

You can go view the property at your convenience - owner does not need to accompany. Please call/text us to let us know you're heading out, so we can (1) confirm its availability (our land does sell fast), and (2) ensure we have our phone on us in case you need help or have any questions. We'd appreciate a couple hours notice if possible.

Driving Directions:

Simply enter your starting point to get step-by-step directions.

You can navigate to the following GPS Coordinates: 32.660958, -95.479616

Local Attractions

Located near the vibrant natural beauty of Lake Holbrook, Lake Holbrook Beach and the community boat dock, less than 10 minutes down the street, serve as the launching pads for those looking to unwind by the water or do a little boating, fishing, or swimming. Just a short distance away, the Mineola Nature Preserve on the Sabine River offers a tranquil retreat with hiking, biking, and kayaking. For the history enthusiasts, the Iron Horse Square Park and the Mineola Historical Museum stand out with their unique exhibitions, providing a glimpse into the area's industrious, railroad-driven past. When it comes to daily conveniences, this historic railroad town has them for you, featuring a Walmart and a selection of grocery stores. Dallas is the nearest major city less than 90 minutes west, providing a bustling urban environment rich with museums, restaurants, and entertainment venues, ensuring there's something to satisfy every inclination.

OWNER Financing: We do offer owner financing under the following terms:

Owner Financed Price $87,800

Down Payment $18,000

Monthly Payment $992.55

Term 10 years (120 months)

Interest Rate 10.9%

No Pre-Payoff Penalty.

Call, text, or email Scott if you'd like to discuss an offer. If you're a Spanish speaker, please ask for Andy on our team and he'll be glad to help you.

For Sale by Owner:

We are investors, and are selling this lot For-Sale-By-Owner. You do not need to submit your offer through a real estate agent, and in our experience we close transactions more quickly and easily by having our dedicated transaction coordinator work directly with the Title Company and Buyers. We will also both save money on commission/fees by cutting out agents as the middle men. However, if you feel strongly about working with a Realtor, then you're welcome to have them contact us on your behalf.

Why Are You Selling It So Cheap?

We are often asked why we price our properties at below market value, and the answer is really simple: because we can, and that's our core business model. We are investors who purchase properties at a large volume and deeply liquidated rates, and by passing this discount on to our buyers, we can sell land quickly…and more of it. In fact, our average property only lasts 2-3 weeks on the market (vs. industry average of about 6 months).

Disclaimer: We attempt to provide detailed, accurate and up-to-date information in our listings, in order to help our buyers to the best of our ability. However, it ultimately remains the buyers responsibility to perform their own due diligence and double check any details that are of significant importance to you including acreage, utilities, buildability, and approved/allowable usage for the property. We are happy to help however we can.