Paragon Realtors Real Estate

240 E Elm DriveMurchison, TX 75778Price: $78,000

  • Price: $78,000
  • Est. Mortgage of $/month
  • 118 Days on Market
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Federal 30-year interest rate: 6.37% last updated on May 7, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $78,000List Price
  • 2Bedrooms
  • 2Bathrooms
  • 0.88Acreage
  • 952Square Feet

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Listed by Norma Barrett of Coldwell Banker Anderson Realty (903-567-6519)
INVESTOR OPPORTUNITY - Rare chance to acquire four lots for the price of one in the gated Hickory Hills HOA on Callender Lake in Murchison, TX. This corner property includes a 2-bedroom, 2-bath mobile home with lake views and road frontage on all four lots. Property is currently occupied. The home needs repairs and is being sold as-is, making it ideal for investors, flippers, or developers. Keep and renovate the existing home, or remove the home and split into four individual buildable lots - strong upside potential either way. This Subdivision allows for Tiny Homes, RVs, Mobile Homes are all allowed. HOA amenities include private gated access, private boat ramp, swimming pool, park, and large pavilion. Property features a fenced backyard, storage building, large tornado shelter, and wood-burning stove in the living area. Road access is solid, utilities connected, and the rear of the property offers mature trees with a creek running behind all four lots, adding value, privacy, and drainage. Lake-area demand plus gated access makes this a strong long-term hold, flip, or resale play. Priced for condition and potential. Bring offers.

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Based on information submitted to North Texas Real Estate Information Services as of May 14, 2026 8:06 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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