Multifamily Property with Rental
For Sale
$3,995,000
13285 N State Highway 16, Graford, TX 76449
CommercialSale, Graford, TX
Property SizeContact for details
Lot Size6.59 Acres
Days on Market118
Property Features for 13285 N State Highway 16
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commerical
Subdivision
The Cottages
Directions
GPS will bring you to the location
Standard status
Active
APN
07446
Lot size
6.59 Acres
Taxes and HOA fees
Tax Description
ACRES: 5.816 AB 1103 TR 5 T R GIMENES G#11103
Tax Annual Amount
17202
Legal Description
ACRES: 5.816 AB 1103 TR 5 T R GIMENES G#11103
Utilities
Sewer type
Aerobic Septic
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
2008
Floors in Building
2
Number of units
16
Flooring type
Vinyl
Building materials
Rock, Stone
Roof type
Metal, Composition
Listing Agency:
Century 21 Mike Bowman, Inc. · Century 21 Real Estate
(817) 354-7653
Listed By:
Michael Avidon · License #0647171
(817) 966-6118
Added: May 14
Changed: Sep 2
Last Checked: Sep 8 at 12:06PM
MLS# 21267074
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily property includes 16 rental cabins currently used for long-term occupancy, with a varied bedroom and bathroom mix. Thirteen cabins contain 2 bedrooms and 1 bath, two include 3 bedrooms and 2 baths, and one has 1 bedroom and 1 bath. The improvements were built in 2008 and feature rock and stone construction, vinyl flooring, central air, electric heating, public water, and an aerobic septic system.
A separate 5,500-square-foot commercial building is also located on the property. The building was formerly operated as an arcade and race track facility, adding a substantial nonresidential component to the existing cabin operation. The property is situated near Possum Kingdom Lake and consists of two parcels, with 6.59 acres reported in the property data.
A separate 5,500-square-foot commercial building is also located on the property. The building was formerly operated as an arcade and race track facility, adding a substantial nonresidential component to the existing cabin operation. The property is situated near Possum Kingdom Lake and consists of two parcels, with 6.59 acres reported in the property data.
Key Highlights
- 16 rental cabins currently used for long‑term rentals
- Cabin mix includes 13 two‑bedroom units, 2 three‑bedroom units, and 1 one‑bedroom unit
- 5,500‑square‑foot commercial building included
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
Demographics for 76449, TX
2,542
Population
2,832
Households
0.9
Avg Household Size
52
Median Age
28%
College-Educated
93%
High-School Grad
206.1 sq mi
ZIP Area
12
Density / Sq Mi
$70,819
Median Household Income
$43,427
Median Earnings
$943
Median Rent
$268,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Sixteen long-term rental cabins are paired with an additional commercial building near Possum Kingdom Lake.
Where is this multifamily property located?
The property is located at 13285 N State Highway 16 Graford, TX.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: 16 rental cabins currently used for long‑term rentals; Cabin mix includes 13 two‑bedroom units, 2 three‑bedroom units, and 1 one‑bedroom unit; 5,500‑square‑foot commercial building included
