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
List Price$2,495,000
Listing #20969606
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.
Schools
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