Hard to find…Large waterfront lot with approximately 540’ of shoreline on World Famous Lake Fork! With 3.17 deeded acres plus approximately 5+/- acres of leaseback there’s plenty of room for privacy! This is one of three lots in Dougherty Estates totaling 10.586 acres…lot 3 (3.083 deeded acres and 2+/- acres leaseback) and lot 4 (4.336 deeded acres and 1.5+/- acres leaseback) are listed separately under MLS # 10087256 and 10087257. If you are of the mindset…purchase all 3 lots for your own development! An easement for the common road to all lots is already in place…utilities have not been put in place along this road and will be discussed with prospective buyers. There are covenants filed on this subdivision. All homes must be site built (no temporary housing) with a minimum of 1500’ heated and cooled plus you are allowed one 500 SF outbuilding. Lots may also be subdivided into no less than 0.5 acres contiguous lots for further development. An HOA is to be setup as lots are purchased.