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Corey Harris

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$ 3,995,000

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13285 N State Highway 16 Graford, TX 76449

17,484 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 17,484 sqft

Price per Sqft $228

Subdivision The Cottages

MLS Listing ID 21267074

HOA Y/N No

Year Built 2008

Annual Tax Amount $17,202

Lot Size 6.590 Acres

Acres 6.59

Property Sub-Type Business

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.

Location

State TX

County Palo Pinto

Community Community Mailbox

Zoning Commerical

Direction GPS will bring you to the location

Body of Water Possum Kingdom

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Vinyl

Inclusions Land & Improvements

Fireplace No

Exterior

Parking Features Additional Parking

Community Features Community Mailbox

Utilities Available Overhead Utilities, Septic Available, Water Available

Water Access Desc Public

Roof Type Composition,Metal

Street Surface Gravel

Private Pool No

Building

Story 2

Foundation Slab

Sewer Aerobic Septic

Water Public

Others

Tax ID 07446

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