664 Smith Circle Great opportunity to own a residential lot for yourself or as an investment. City ordinances allow for the placement of a mobile home up to 7 years old on the property. With city sewer and water already in place, you’ll save time and money on installation costs. Whether you choose to capitalize on the need for rental properties in the area or live here yourself, it’s a cost-effective way to enter the real estate market. Located in Rains ISD, you’re only a 7-minute drive to the schools in Emory, and not to mention just 20 minutes to Lake Fork.