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$3,995,000

13285 N State Highway 16, Graford, TX, 76449

On MarketInfo
CommercialInfo
Beds Beds
Baths Bath
Baths17,484 Sq Ft
BusinessBusiness
Year BuiltBuilt in 2008

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringVinyl

Exterior

Lot Size5.82 acres

Building Information

Year Built2008

Land Information

APN059850000
SubdivisionT R Gimenes Survey A-1103
Land UseCommercial
Legal DescriptionAB 1103 TR 5 T R GIMENES G#11103-00-00050-000-00-0
Census Tract000100
Assessed Land Value$93,060
Assessed Improvement Value$1,153,410
Assessment Year2025

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.

Investor Tools

$0Estimated Mortgage Balance
$1,246,470Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$23,970 /month
Positive
Cash Flow Estimate:
$7,990 /month

Interested in this property?

Michael Avidon

Century 21 Mike Bowman, Inc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,033/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,159
$1,246,470
2025
$93,060
$1,153,410
$1,246,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,159
$1,246,470

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,246,470
100%
0%
$0/mo

City: Graford

13285 N State Highway 16 | Property Details | No Agent List