7 photos coming soon
Shawnee, OK 74801
45200 E Hwy 3 Highway, Shawnee, OK 74801
Built 1983
The details
About this home
This ±13-acre tract located east of Shawnee presents a unique investment and development opportunity combining immediate cash flow with long-term land value. The property includes two established single-family homes currently generating rental income, offering investors the ability to offset holding costs while planning future development. The balance of the acreage is vacant, providing ample room for expansion or redevelopment. With convenient access to town and nearby utilities, the site is well-positioned for a range of uses, including: - Residential subdivision or additional rental homes - Estate-style or large-lot residential development - Build-to-rent community or small multifamily project (subject to zoning) - Phased development while maintaining existing income streams The combination of current income and significant undeveloped land is increasingly difficult to find, making this property especially attractive for investors, developers, or owner-operators seeking both stability and upside potential. Listing is for three separate parcels: 630052231, 630010885 & 630010874
Price history
History from MLS records since this home was listed.
Monthly cost
— / month
Principal, interest, taxes, insurance, and HOA.
- Principal & interest
- —
- Property taxes
- —
- Home insurance
- —
- HOA
- —
An estimate, not a quote. Rates vary by lender and credit.
Recently sold nearby
Listing provided courtesy of Kevin Hanna, Frontier Commercial Group, LLC (405-878-6404). Status: Active.
Listings courtesy of MLSOK as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Jul 21, 2026, 1:34 PM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS, as established by the applicable MLS Governing Documents.
The listing information provided here is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use or search of this data other than by a consumer looking to purchase real estate is prohibited.
Data last updated Jul 21, 2026, 1:34 PM CT. MLS # 1220180. Homestead & Co is a licensed Oklahoma real estate brokerage.
Speak to an agent
We got your message
An agent will reach out shortly. Prefer to talk now? Call or text (405) 509-0541.