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2 Beds
2 Baths
952 sqft

$78,000

240 E Elm Drive, Murchison TX, 75778

Price per sqft$81.93
Built in1977
Property size952 sqft
Property typeManufactured

Overview

Active

Updated Jun 8

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.

$519/mo

Est. mortgage payment based on a $78,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
21156905

Interior Features

Bedrooms
2
Bathrooms
2
Fireplace
Yes
Basement
No

Exterior Features

Lot Size
0.88 Acres

Other Property Details

Taxes
$394
Tax Frequency
Annually
Association Fee Frequency
Monthly

Listed by Norma Barrett with Coldwell Banker Anderson Realty
Listing Contact: 903-567-6519 

The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 6/8/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 6/8/2026 at 2:46 PM UTC

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