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Lamar, US
21 Acres with 2-Acre Pond, Development & Investment Opportunity Powderly, TX
Located just minutes from Paris, Texas, this 21-acre tract offers a rare combination of acreage, pond, and proximity to town, presenting significant potential for investors, builders, or developers.
The property includes an approximately 2-acre pond and existing improvements, with portions of the current structures requiring substantial renovation. The site is currently classified for multi-family use (buyer to verify zoning, restrictions, and development requirements), creating flexibility for a range of potential projects.
With both homestead and agricultural exemptions presently in place (buyer to verify continuation and eligibility), this property offers immediate holding advantages while future plans are evaluated.
Potential uses may include renovation and stabilization of existing improvements, increased residential density, build-to-rent concepts, private retreat development, or full redevelopment.
Opportunities combining acreage, water, and location within minutes of town are increasingly limited in Northeast Texas. Buyers are encouraged to perform all due diligence regarding zoning, utilities, exemptions, and development feasibility.
Courtesy Of: Keller Williams Legacy
Feature Highlights
- Dining Room
- Family Room
- Multi Parcel ID
- AG Exemption
- Aerial Photo Available
- Accessory Unit
General Features
- Style:
- Ranch
- Garage:
- Unpaved
Public Schools
- School District:
- North Lamar ISD
- Elementary School:
- Higgins
- Middle School:
- Stone
- High School:
- Northlamar
Interior Features
- Heating:
- Propane,Wall Furnace
- Number Of Living Areas:
- 1
- Number Of Dining Areas:
- 1
- Interior Features:
- High Speed Internet Available
- Flooring:
- Concrete
- Room Count:
- 4
- Beds Total:
- 1
- Baths Full:
- 1
Exterior Features and Amenities
- Architectural Style:
- Ranch
- Fencing:
- Barbed Wire
- Subdivision Name:
- NA
- Roof:
- Metal
- Lot Features:
- Acreage,Few Trees,Pasture,Tank/ Pond
- Lot Size:
- 10 to < 50 Acres
- Lot Size Area:
- 21.0000
- Lot Size Source:
- Assessor
- Lot Size Units:
- Acres
- Parking Features:
- Unpaved
- Number Of Barns:
- 1
- Acres Pasture:
- 15.00
Utility Information
- Utilities:
- Co-op Electric,Electricity Connected,Individual Water Meter,Outside City Limits,Septic
Financial
- Transaction Type:
- For Sale
- Tax Legal Description:
- see agent notes
- Number Of Residences:
- 3
Other Features
- Parcel Number:
- 105920
- Accessory Unit Type:
- Accessory Dwelling Unit (ADU)
- Possession:
- Closing/Funding,Negotiable
- Intermediate School Name:
- Bailey
- Construction Materials:
- Wood
- Soil Type:
- Sandy Loam
- Structural Style:
- Farm/Ranch House,Vacation Home
- Will Subdivide:
- No
- Surface Rights:
- All
- Year Built Details:
- Preowned
Copyright 2026 NTREIS. All rights reserved. The data relating to real estate for sale on this Web site comes in part from the Internet Data Exchange Program of the NTREIS. Real estate listings held by brokerage firms other than SRE-Sudderth Real Estate includes the name of the listing brokers.
Data last updated: 2026-02-21.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.
