6.597 Acres State Hwy 289

About this home

Positioned along SH 289 with valuable road frontage, this 6.597-acre offering presents a unique opportunity for commercial, residential, or investment development in the growing Lake Texoma region. Significant investment continues to bring attention to the area, including Preston Harbor, the approximately 3,100-acre master-planned development on Lake Texoma planned to feature a future Margaritaville Resort, residential, retail, dining, marina & recreational components. Located near Lake Texoma and approximately 30 minutes from Choctaw Casino & Resort, this property offers strong visibility & a strategic position as growth & development continue throughout the Texoma corridor. The offering consists of two separate parcels: a 3.269-acre tract (MLS #21257140) and a 3.328-acre tract (MLS #21262064), also available for individual purchase. Zoning flexibility further enhances the property’s potential, with the highest & best use aligning with B-2 General Business District, ideal for contractor yards, auto-related businesses or retail with outdoor display. Additional potential uses include B-1 Light Commercial for retail, office or service-based businesses, R-1 single-family residential development, and R-2 Duplex District for investment or multi-unit opportunities. Buyer to verify zoning and intended use. Proposed future improvements to State Highway 289 may further enhance accessibility, traffic flow & long-term commercial potential. City water & city sewer are nearby per the City; buyer to verify availability & connection requirements. The northern parcel is subject to a waterline easement along the far rear of the property. This property presents an opportunity to secure a sizable tract in an area positioned for continued growth. PLEASE NOTE: Seller intends to record a restrictive covenant establishing an approximately 25-foot treed “no-cut” privacy buffer along the north boundary of the property to help preserve natural screening adjacent to the neighboring residence.