ATTENTION! Investors and Developers. This beautiful property can be so many things whether a place for your new home and plenty of land for livestock and crops as well as excellent hunting with numerous wildlife in the wooded pasture that is adjacent to Lake Arrowhead. The primary development would be to subdivide this great property and make an incredible subdivision in this quiet small town located only minutes from downtown Wichita Falls and all of the amenities you need. There is 687 feet of highway frontage on Hwy 281 making it perfect for convenience stores and gas station for necessities for the subdivision.Please take time to look at this great opportunity.