198 County Road 198

Gary, TX 75643

$2,900,000
Price
8,167,500 / 187.5
Lot Size / Acres
a view of lake with mountain
a black and white photo of a house
a view of a lake with beach and city
a view of a city with lush green forest
an aerial view of a house with a yard
an aerial view of forest
a lake view with a city view
a view of a yard with a tree
an aerial view of residential houses with outdoor space and trees
an aerial view of forest
a view of lake with mountain view
a view of a lake
a view of a lake with houses in background
an aerial view of a city and mountain
a backyard of a house with lots of green space
a view of a yard with wooden fence
a view of a yard with trees in the background
a view of a yard with trees
a big yard with lots of green space and deers
a view of outdoor space with trees
a big yard with lots of green space
a view of outdoor space with trees
an aerial view of ocean with residential house with outdoor space
an aerial view of multiple house

Description

Rare lake frontage on Lake Murvaul for personal use or development. This 187.5 acre tract has approximately 4,450 feet of frontage on the Southeast end of Lake Murvaul near the dam, making it the largest private tract remaining on the lake. The property is adjacent to the Boy Scouts of America camp, and is less than a mile to the public boat ramp. The property has over 2,000’ frontage on CR 198, and 750’ frontage on CR 176. Lake Murvaul is located south of Carthage, near the City of Gary. Boat houses...Rare lake frontage on Lake Murvaul for personal use or development. This 187.5 acre tract has approximately 4,450 feet of frontage on the Southeast end of Lake Murvaul near the dam, making it the largest private tract remaining on the lake. The property is adjacent to the Boy Scouts of America camp, and is less than a mile to the public boat ramp. The property has over 2,000’ frontage on CR 198, and 750’ frontage on CR 176. Lake Murvaul is located south of Carthage, near the City of Gary. Boat houses are allowed, with a permit from the lake board, and a ramp could be constructed on the property. The seller has cleared nearly 50 acres to open the tract for views of the lake and easy access. The remaining acreage is heavily wooded in hardwoods and reprod pine, maintaining some potential timber harvest value, and great recreational hunting. Lakefront lake is one of the the rarest real estate investments you can own. Don't miss your chance to own this great East Texas property.
  1. Listed by Kasey Mock • TREC #0636589 • Keller Williams Brazos West • 512-787-1849

Property Details for 198 County Road 198

Subdivision Name
no
Zoning Description
zoned Ag Timber
LISTING UPDATED: 12/03/2024 08:27 AM

Property Details for 198 County Road 198

StatusActive
MLS #20722321
Days on Market106
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots & Acreage / Residential
Year Built-
Lot Size187.50 AC
CountyPanola County

Building Information for 198 County Road 198

Lot Size187.50 AC

Property Information for 198 County Road 198

Summary
Location and General Information
  • Directions: From FM 999, turn north on CR 176, then right on CR 198
  • Elementary School: Gary
  • Elementary School Name: Gary
  • High School: Gary
  • High School Name: Gary
  • Middle School: Gary
  • School District: Gary ISD
  • Geocode Confidence: Low
  • Latitude: 32.01
  • Longitude: -94.43
  • State: Texas
Taxes and HOA Information
  • Association Type: None
Virtual Tour
Interior and Exterior Features
Exterior Features
  • Waterfront Features: Lake Front, Lake Front – Main Body
  • Waterfront: Yes
Property
Utilities
  • Utilities: City Water, Co-op Electric
Property and Assessments
  • AG Exemption: Yes
  • Financing Proposed: Cash, Conventional
  • Concessions YN: Yes
  • Loan Type: Treat As Clear
  • Restrictions: No Known Restriction(s)
  • Property Match: APN
Lot Information
  • Development: Unzoned
  • Dock Permitted: Yes
  • Easements: Natural Gas, Pipeline
  • Frontage Feet: 2800
  • Lot Features: Acreage, Cleared, Oak, Pine, Water/Lake View, Waterfront
  • Lot Size: Over 100 Acres
  • Lot Size Acres: 187.5
  • Lot Size Area: 187.5
  • Lot Size Units: Acres
  • Lot Size Square Feet: 8167500.0
  • Multi Parcel ID: No
  • Parcel Number: 47835
  • Road Frontage: County Road
  • Current Use: Hunting/Fishing, Ranch, Recreational, Timber
  • Number Of Lakes: 1
  • Road Surface Type: Asphalt

Property History for 198 County Road 198

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 198 County Road 198

This home is within Gary Independent School District.
Rating
School
Type
Grades
Distance
Gary School
Public - PK to 12
Rating
School
Distance
Gary School
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 198 County Road 198, Gary, TX 75643

198 County Road 198 is a 187.5 ac of land for sale in Gary, TX 75643. This property was listed for sale on September 6, 2024 by Keller Williams Brazos West, it's currently listed at $2,900,000. This listing's school district is Gary Independent School District. Nearby schools include Gary School. 198 County Road 198 is a 0-bed, 0-bath, 187.5 ac of land on a 8,167,500 sq. ft. / 187.5 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Brazos West, Kasey Mock

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2024 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 12/03/2024 08:27 AM