1532 Phillips Springs RoadGladewater, TX 75647Price: $185,000

Just under 15 picturesque acres, this property is a true East Texas gem. Ideally located only half a mile from Lake Gladewater, 2 miles from downtown Gladewater (the intersection of Highways 80 and 271), and just a 20-minute drive to the amenities of Longview. Conveniently, it's also only about 2 hours east of Dallas. The property includes an existing mobile home with utilities in place (note: the home will not qualify for traditional mortgage financing), offering a ready-to-use homesite or a starting point for your vision. With endless potential, this tract is perfect for building, developing, or creating your own private retreat. An electrical easement is noted on the survey. Enjoy the benefit of low property taxes thanks to a current timber exemption. Whether you're dreaming of a lake getaway, homestead, or investment opportunity, this beautiful, wooded acreage invites you to bring your imagination to life! The land is located inside Gladewater city limit and ordinances in place require that, the existing trailer may stay, but once it is gone, it cannot be replaced. If replaced, a new home must be a either stick build or modular (per TDLR) and have a minimum of 1600sqft. Cash buyers, land loans, and development loans are all viable options for this property.