13285 N State Highway 16,Graford, TX 76449
Graford, TX 76449
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.
Details
| MLS # | 21267074 |
|---|---|
| Listing Type | For Sale |
| Style | Business |
| Sub-Type | Resale |
| Status | Active |
| Year | 2008 |
| Days On Site | 180 |
| Listing Provided By | Century 21 Mike Bowman, Inc. | Michael Avidon |
Features
| SQ Feet | 5,500 |
|---|---|
| Story(s) | 2 |
| Zoning | Commerical |
| Acreage | 6.59 |
Interior
| Cooling | Central Air, Electric |
|---|---|
| Heating | Central, Electric |
Exterior
| Roof | Composition, Metal |
|---|---|
| Construction Materials | Rock/Stone, Siding |
| Foundation Details | Slab |
Parking
| Parking Features | Additional Parking |
|---|
Utilities
| Utilities | Aerobic Septic, City Water, Community Mailbox, Gravel/Rock, Overhead Utilities |
|---|
Taxes
| Unexempt Taxes | 17202 |
|---|---|
| Tax Legal Description | ACRES: 5.816 AB 1103 TR 5 T R GIMENES G#11103 |
Area Information
| State | TX |
|---|---|
| County | Palo Pinto |
| City | Graford |
| Zip Code | 76449 |
| Area | Palo Pinto |
| Community Name | The Cottages |
| Listing VS Median (in The Cottages) | |
Price: $3,995,000 low | high Med: $3,995,000 sqft: 5,500 low | high Med: 5,500 $ / sqft: $726 low | high Med: $726 On site: 180 low | high Med: 180 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Palo Pinto |
| City | Graford |
| Zip Code | 76449 |
| Area | Palo Pinto |
| Community Name | The Cottages |
| Listing VS Median (in The Cottages) | |
Price: $3,995,000 low | high Med: $3,995,000 sqft: 5,500 low | high Med: 5,500 $ / sqft: $726 low | high Med: $726 On site: 180 low | high Med: 180 | |
