Prime .25-acre commercial corner lot located at the intersection of Hwy 69 South and Wallace Street in the growing community of Lone Oak, offering excellent visibility and high traffic exposure. Zoned as a commercial city lot with storage as an approved use, the property has previously operated as a successful snow cone stand, showcasing its potential for retail, food service, or other small business opportunities. Utilities are already in place with active water and electricity meters, along with access to city sewer, water, and trash services. This highly accessible corner location is just minutes from Lake Tawakoni and situated within a desirable school district, making it an ideal investment or business location in a rapidly developing area. The size and layout also make it a great option for a small office or professional space with strong visibility. An additional adjacent approximately .20-acre parcel may be available in the future, offering potential for expansion (buyer to verify).

Based on information submitted to North Texas Real Estate Information Services as of May 21, 2026 10:53 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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101 Wallace StreetLone Oak, TX 75453Price: $72,500

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Christopher Maniet

101 Wallace StreetLone Oak, TX 75453Price: $72,500

$/month over payments

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Property Details of 101 Wallace Street

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Schools

Area

Map Location

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