13285 N State Highway 16, Graford, TX

$3,995,000

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6.59

Acres

About 13285 N State Highway 16

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.

Features of 13285 N State Highway 16

MLS® # 21267074
Price $3,995,000
Bathrooms 0.00
Acres 6.59
Year Built 2008
Type Commercial Sale
Sub-Type Business
Status Active

Community Information

Address 13285 N State Highway 16
Subdivision The Cottages
City Graford
County Palo Pinto
State TX
Zip Code 76449

Amenities

Utilities Aerobic Septic, City Water, Community Mailbox, Overhead Utilities, Gravel/Rock
Garages Additional Parking
Is Waterfront No
Has Pool No

Interior

Heating Central, Electric
Fireplace No
# of Stories 2
Stories 2

Exterior

Roof Composition, Metal
Construction Rock/Stone, Siding
Foundation Slab

Additional Information

Zoning Commerical

Listing Details

AgentMichael Avidon
OfficeCentury 21 Mike Bowman, Inc.
Contact Info817-354-7653
Contact Info817-354-7653

Listing Map

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