Beautiful 1.17-acre property consists of 4 lots, 7, 8, 9, and 10 and backs to Army Corps of Engineers land on Lake Texoma. Fully fenced and gated, offering both privacy and security. Utilities are turnkey, including driveway, culvert, septic, and electric. Preston Bend allows short-term rentals, mobile homes, barndos, manufactured homes, RVs, boats, animals with no known restrictions. When you visit, take a stroll east down Arkansas to enjoy the well maintained beach and meet future neighbors relaxing on the water. The location i situated close to three marinas and the soon-to-be-opened Jimmy Buffett's Margaritaville. Massive Return on Investment in this area There are three structures on the property: Structure 1: An 800 sq ft home features a full bath, utility, large kitchen, fridge, living, dining, bedroom, huge master closet. Needs TLC or Tear Down. Structure 2: An oversized shop with electric, windows and storage. Structure 3: A convenient 8x10 shed for additional storage.