Seeking visionaries for a unique 1.14 acre property located near Lake Grapevine & The Gaylord Texan hotel that would make an excellent wedding venue or private estate! Situated off a creek with multiple mature trees, this is an oasis in the heart of the DFW area with easy access to DFW International Airport, Las Colinas business district and is midway between downtown Dallas and downtown Fort Worth. A historical cabin sits on this land along with a home that is essentially a tear-down, as is the barn. A portion of the land sits in a 100-yr flood plain; however, most of it can still be developed. Interested buyers wanting to know if this land can be subdivided or what can be built here should contact the City of Grapevine for all answers, as they are the ultimate decision makers. At just $500K for over 1 acre in this location is an absolute steal! PROPERTY WENT UNDER CONTRACT WITHIN 24 HOURS BUT SELLER WANTS TO CONTINUE SHOWINGS AND WILL ENTERTAIN BACKUP OFFERS!