Situated on a prime 3.5-acre corner lot at CR 3506 and CR 3508, this property offers significant value in the land. With approximately 425 feet of frontage on CR 3506 and 280 feet on CR 3508, the potential for future subdivision or development is wide open. Located within the highly sought-after Lone Oak ISD, this could be the perfect investment for a long-term hold or a custom homesite project. The existing 2-bedroom, 1-bath home (approx. 945 sq ft) offers a structure worth saving-ideal for a savvy investor looking to renovate and rent out while land values continue to rise. The home will need updates including paint, flooring, bathroom, andkitchen renovations. A few outbuildings are already in place for storage or lawn equipment. Whether you're dreaming of building new, developing multiple lots, or restoring the existing home, this property provides options in a rapidly growing area of Hunt County.