13285 N State Highway 16, Graford, TX 76449

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List Price
$3,995,000
Status
ACTIVE
MLS#
21267074
Subtype
CommercialSale
Construction Status
Preowned
Year Built
2008
Lot Size
287,060
Acres
6.59
Subdivision
The Cottages

Property Description

Exceptional commercial and investment opportunity just minutes from Possum Kingdom Lake. Situated on 6.586 acres with prime Highway 180 frontage, this unique property offers unmatched visibility, strong traffic counts, and endless potential for future development or continued income production. The property consists of two parcels and currently features 16 rental cabins being utilized as long-term rentals. Of the 16 cabins, 13 offer 2 bedrooms and 1 bath, 2 offer 3 bedrooms and 2 baths, and 1 offers 1 bedroom and 1 bath — creating a diverse rental mix with established income potential. In addition to the residential component, the property also includes an impressive 5,500 square foot commercial building formerly operated as an arcade and race track facility. With its strategic location, highway exposure, and ample acreage, the commercial possibilities are truly endless — ideal for entertainment, retail, restaurant, event venue, storage, redevelopment, or expanded hospitality use. Rarely does an opportunity with this level of versatility, acreage, income potential, and premier location near Possum Kingdom Lake come available. Whether you are an investor, developer, or entrepreneur, this property is positioned for exceptional future upside.

Additional Information

Taxes
$17,202
Flooring
Vinyl
Heating
Central, Electric
Air Conditioning
Central Air, Electric
Roof
Composition, Metal
Foundation
Slab
Parking Features
Additional Parking

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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Michael Avidon from Century 21 Mike Bowman, Inc.. Contact: 817-354-7653

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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