13285 N STATE HIGHWAY 16, GRAFORD, TX 76449

Homes for sale in Graford.

Homes for sale in 76449.


Active

List Price$3,995,000

13285 N State Highway 16

Graford, TX 76449

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

Listing #21267074

17,484

Square Feet

16

Number of Units

Commercial

Type

About This Property

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.

Property Features

Location Information

County

Palo Pinto

Subdivision

The Cottages

Interior Features

Has Fireplace

No

Floors

Vinyl

Heating

Central, Electric

Tenant Pays

Association Fees, Electricity, Trash Collection

Cooling

Central Air, Electric

Total Number of Units

16

Exterior Features

Construction

Rock, Stone

Possible Best Use

Other, Retail

Foundation

Slab

Zoning

Commerical

Roof

Composition, Metal

Building Total Area (Sq. Ft.)

17,484

Utilities

Overhead Utilities, Septic Available, Water Available

Road Description

Gravel

Parking Description

Additional Parking

Lake Name

Possum Kingdom

Lot Size in Acres

6.59

Is One Story

No

Lot Size in Sq. Ft.

287,060

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

COM

Tax Annual Amount

17202.0

Property SubType

Business

Community Features

Community Mailbox

Year Built

2008

Lot Acres Source

Other

Similar Listings

Mortgage Calculator

$18,657

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$14,396

Monthly Tax

$3,329

Monthly Insurance

$932

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

Walk Score

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