12001 W STATE HIGHWAY 31, MALAKOFF, TX 75148

Homes for sale in Malakoff.

Homes for sale in 75148.


12001 W State Highway 31

Malakoff, TX 75148

Status of the property has changed, please contact for details

List Price$2,495,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #20969606

11,163

Square Feet

5

Number of Units

Commercial

Type

About This Property

Turnkey Events Venue Business Opportunity Discover a premier investment opportunity with this stunning 39 acre property situated just minutes from Cedar Creek Lake, offering a rare business opportunity in a gorgeous rural setting. Located outside Malakoff city limits with approx. 1,063 LF of frontage along the State Hwy 31 the property features a picturesque 2+ acre lake and a total gross building area of approx. 11,163 SF with 3 buildings providing 10,082 SF of heated and cooled space. The 3,524 SF main residence has 3 bedrooms, 3.5 baths, a private guest suite, formal dining room, office space, and a swimming pool sun terrace. The events centre is 3283 SF (54.5' x 60.3') and was converted to its present use in 2018-2019. It has a main room with vinyl wood laminate flooring and a cathedral design ceiling with LED lighting with a partitioned kitchen, two restrooms, and a mechanical room. Two sets of sliding doors lead to an outdoor covered area of approx. 3423 SF. The main room has a projector and screen and speakers are installed inside and outside. The Chapel, built in 2022 provide 3220 SF (40.1' x 80.3') with separate rooms for the bride and groom room to get ready in, appropriately decorated, both with restrooms. A third restroom in the vestibule adjacent to a small sound room. The remainder of the building is the sanctuary with arched windows, canned lighting, chandeliers and a polished concrete floor. 28 pews provide seating for 224 to 280 people. Additionally, there are two agricultural buildings, measuring approx. 1080 SF and 476 SF. This offers a turnkey events business opportunity with the option to acquire its established branding, marketing assets, and vendor relationships. With a good mix of open fields and wooded areas, this land would also be ideal for development, corporate retreats, or hospitality ventures. Whether you're an investor, entrepreneur, or looking for an exceptional property, this estate offers endless possibilities.

Property Features

Location Information

County

Henderson

Subdivision

G ALDRICH

Interior Features

Has Fireplace

No

Floors

Carpet, Concrete, Simulated Wood, Tile, Wood

Heating

Central, Zoned

Tenant Pays

All Utilities

Cooling

Central Air, Zoned

Total Number of Units

5

Exterior Features

Construction

Brick, Frame, Rock, Stone

Lot Size in Sq. Ft.

1,714,521

Foundation

Slab

Possible Best Use

Other, Place of Worship

Roof

Composition, Metal, Tile

Zoning

Outside of City Limits

Water / Sewer

Electricity Connected, Septic Available, Water Available

Building Total Area (Sq. Ft.)

11,163

Utilities

Electricity Connected, Septic Available, Water Available

Road Description

State Road

Security System

Security Gate

Has View

Yes

Parking Description

Additional Parking, Asphalt, Concrete, Carport, Driveway, Garage, Gravel, Storage

View Description

Water

Has Garage

Yes

Is One Story

No

Lot Description

Acreage, Many Trees

Lot Description

Acreage, Many Trees

Lot Size in Acres

39.36

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

COM

Exclusions

Inventory items for events are excluded from the sale. All furniture and personal effects.

Property SubType

Business

Lot Acres Source

Appraiser

Year Built

2007

Similar Listings

Mortgage Calculator

$11,651

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$8,990

Monthly Tax

$2,079

Monthly Insurance

$582

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

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