1/10th Interest | Lost Indian Lake Fishing & Hunting Club

Description

Located 15 miles North of Huntsville, TX off of FM 247, Lost Indian Lake dates back to the 1930's when 10 local families pooled their funds to purchase 125 acres that included a 10+/-acre lake. Today, each of the 10 owners retain a 1/10 undivided interest in the 125 acres, with an area for a cabin, and access to the entire 125 acres for hunting, fishing, hiking or any outdoor recreational activity you can imagine. The western side of the lake has the cabin locations leaving the North, East and South sides relatively undisturbed native forest land. Located less than 1.5 miles from the Trinity River, and with elevation changes in excess of 100 feet, the North and Eastern portion of the property is cut by rugged natural drainage features rarely found in East Texas that provide for unique hiking opportunities and abundant wildlife that include whitetail deer, hogs, squirrels, and coyotes. The lightly fished 10+/- acre lake is stocked with bass and catfish that are readily caught even by the novice angler. Operating guidelines restrict motorized boats to less than 10 HP, providing a peaceful and relaxing environment. The lake is easily traversed with canoes or kayaks or any small paddled boat. First time open market opportunity to buy into Lost Indian Lake Fishing & Hunting Club!

The main thing to know about being Tenants in Common is that each owner has what is called an "undivided interest" in the parcel. Having an undivided interest means that no one owner has a specific piece of the land, but rather a share (or "interest") in the entire property.

Directions: From Huntsville, take FM 247 North. At Lost Indian Camp, turn Right. Property will be on the right at 562 Lost Indian Camp Road.

Showing Instructions: Buyer and/or agents must notify HomeLand Properties of intent to view/tour and make advance appointment. A minimum of 24 hours’ notice is required. Buyers must be accompanied by broker/agent. Licensed co-brokers are welcome to show this property by advance appointment and will receive a co-broker fee if the co-broker accompanies their buyer from the first contact to the closing of a sale.