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Graford, TX 76449
$3,995,000

About this home

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.

Overview

Full Baths
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Half Baths
0
Bathrooms
0
Bedrooms
0
Building Area
17484
Living Area
0
Lot Size (Acres)
6.59
Property Subtype
Business
Property Type
Commercial Sale
Status
Active
Year Built
2008

Interior

Cooling
Central Air, Electric
Fireplaces
0
Flooring
Vinyl
Heating
Central, Electric

Exterior & Construction

Construction
Rock, Stone
Foundation
Slab
Roof
Composition, Metal

Parking

Covered Parking
0
Garage Spaces
0

Location & Area

City
Graford
County
Palo Pinto
ZIP Code
76449
State
TX
Subdivision
The Cottages

Financial

Price
3995000

Utilities

Sewer
Aerobic Septic
Utilities
Overhead Utilities, Septic Available, Water Available

Listing Details

Listing Agent
Michael Avidon
Listing Office
Century 21 Mike Bowman, Inc.
MLS #
21267074
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/21267074

Listing agents

Listing AgentMichael AvidonCentury 21 Mike Bowman, Inc.

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