ST111. Owner Finance Available. ST110 & ST112 also for sale. $239,500

Lake Home For Sale

Welcome to your own slice of East Texas' largest private lake. Located on the serene side of the lake with easy access, this beautiful 1.197 acre lot is the perfect spot to feel the breeze, enjoy the sunsets and reconnect with Mother Nature's beauty.

ST111 has a project house that's appox 1750 sq.ft. with a living room, a kitchen area with large utility room attached, two bedrooms and a bath. There is a large room lakeside that could be used as a porch or converted into bedrooms. Although this is an incomplete project house, it does have a good metal roof and with some work it could be livable (fully insured, just in case:) until you build your new modern home. An advantage of having this existing home is it allows you to keep a RV on site as a temporary accessory dwelling without any special permits.

Roadside, there is a nice flat area on the hill that's an excellent location for a big shop. Lakeside, the terrain gently slopes making it easy to navigate to the lake. There is both lake and canal frontage. It's only a short boat ride on Mohawk, the boat road that follows the Tiawichi Creek path though Old Smith Lake, to ski water.

ST112, an undeveloped 1.08 acres next to a designated "park lot" that will remain native - it provides an abundance of privacy and wilderness. Nature lovers will love the creek frontage area with its dense population of Cypress Trees. Rumor has it, The Smith's Lake Club House was located on this land before Lake Cherokee was formed, see pic of article from 1951. Offering this lot for $149,500.

Easy qualifying owner financing available. No credit required but must have sufficient income. No prepayment penalty, meaning you can pay off at anytime. Closing costs are low, $1000 to cover the documents and court recording fees. You will be responsible for the CWC stock transfer fees. Rusk County property taxes are low on this property.

Possible trades for other local real estate or Lake Cherokee property, up or down.
All cash is welcome too.

Also see the ad for ST110. It's a rare opportunity to own three lots in a row! 3.34 Acres combined. Excellent opportunity for a family compound.

ST110 $269,500
ST111 $239,500
ST112 $149,500