
$850,000
NAL Estimated Property Value238 Joy Wright Mountain Road, Kilgore, TX, 75662
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Interior
About this property
This unique listing presents an unparalleled chance to acquire not just one, but two distinct businesses in one go, offering endless potential for savvy investors. At the heart of this opportunity lies Cork & Bottle, an established and thriving liquor store occupying an expansive 3,000 square feet of prime retail space. Boasting a robust clientele and a reputation for excellence, Cork & Bottle stands as a testament to its success in the competitive market. Adjacent to this flourishing liquor store sits 24650 I-20 E, a spacious 1,900 square foot restaurant awaiting revitalization. While currently inactive, this restaurant space presents a canvas primed for transformation into the next culinary hotspot, offering ample room for creative vision and expansion. Set upon a generous 9.92-acre lot, this property enjoys unparalleled visibility and accessibility along the highly coveted I-20 thoroughfare, ensuring a steady stream of traffic and potential customers.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Kilgore
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