Listed for $150K under tax value! Fantastic opportunity to build your year-round dream or vacation home in the premier Cherokee Point gated community! The gently sloping lot has nearly 180 ft of shoreline with good water depth, mature oak and pine trees, accessible utilities, and is surrounded by lakefront homes ranging from a half to over a million dollars. Located less than two hours from the Dallas metroplex! Known for some great fishing, Bob Sandlin also has wide expanses of open water for water skiing, power boating, jet-skiing, tubing, pontooning, canoeing and kayaking. Escape to the natural beauty and relaxation that life on Lake Bob Sandlin has to offer!