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Positioned along State Highway 289 with valuable road frontage, this versatile property offers an exciting opportunity for commercial, residential, or investment use 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 and recreational components. Located near Lake Texoma and approximately 30 minutes from Choctaw Casino, this tract is strategically positioned to benefit from continued growth and activity throughout the Texoma corridor. City water and city sewer are nearby per the City; buyer to verify availability and connection requirements. Zoning flexibility further enhances the property’s potential, with the highest and 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 and long-term commercial potential. An adjacent 3.328-acre tract is also available for purchase (MLS #21262064), providing the opportunity to assemble approximately 6.596 acres for larger-scale development or a long-term investment hold. With SH 289 frontage, multiple potential uses and substantial investment occurring throughout the Lake Texoma region, this property presents a unique opportunity to secure land in an area positioned for continued growth.
View Virtual Tour| This Home's Price | $290,941 | This Home's Price Per SqFt | $ |
| Average Price | $391,422 | Average Price Per SqFt | $ |
| Highest Price | $587,133 | Highest Price Per SqFt | $ |
| Lowest Price | $290,941 | Lowest Price Per SqFt | $ |
Positioned Along State Highway 289 With Valuable Road Frontage, This Versatile Property Offers Exceptional Potential For Commercial, Residential, Or Investment Use In A Growing Lake Texoma Corridor. The Area Continues To Attract Significant Invest...
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Listing information last updated on October 20th, 2026 at 3:04pm CDT.
