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Mixed-Use Property With Event Space
For Sale
$745,000

176 CR 304, Orange Grove, TX 78372

COMMERCIAL - TX

Property SizeContact for details
Lot Size5.00 Acres
Days on Market54

Property Features for 176 CR 304

General Information

Property type Commercial Sale
Property subtype Other
Parking 100
Lot features Level, Open Lot
Subdivision 99-Other County
Standard status Active
Lot size 5.00 Acres

Utilities

Utilities Electricity Available
Heating system Electric (Heating)
Cooling system Electric
Water source Well

Building Details

Number of units 8
Building materials Brick Veneer, Masonry & Steel, Steel Frame
Roof type Metal
Listing Agency: Fore Premier Properties
Listed By: Anabel Medrano · License #0779882
Added: Jun 22 Changed: Aug 4 Last Checked: Aug 14 at 10:06AM
MLS# 123795

Copyright © 2026 Kerrville Board of Realtors. 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 mixed-use property encompasses approximately 5 acres with a substantial dance hall and event building that is currently inactive. The facility was previously licensed for alcohol sales and may support renewed event, entertainment, or other commercial use subject to buyer verification. A horse arena is positioned behind the main event improvement, adding an equestrian component to the property’s existing mix.

Residential improvements include five casitas, a mobile home previously used for long-term rental, and a three-unit studioplex that has recently operated as short-term rentals. Additional infrastructure includes RV hookups, three septic systems, and a private well. The property also features brick veneer, masonry and steel, and steel-frame construction, along with electric heating, electric cooling, and a metal roof.

Key Highlights

  • Approximately 5 acres with mixed‑use improvements
  • Large dance hall and event building; previously licensed for alcohol sales
  • Horse arena located behind the event improvement

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Plumbing Service Auto Repair Shop Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 78372, TX

5,550
Population
2,285
Households
2.4
Avg Household Size
38
Median Age
13%
College-Educated
84%
High-School Grad
245.0 sq mi
ZIP Area
23
Density / Sq Mi
$56,016
Median Household Income
$35,395
Median Earnings
$799
Median Rent
$144,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Versatile acreage combines residential accommodations, an event building, equestrian improvements, and infrastructure for multiple uses.
Where is this mixed-use property located?
The property is located at 176 CR 304 Orange Grove, TX.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: Approximately 5 acres with mixed‑use improvements; Large dance hall and event building; previously licensed for alcohol sales; Horse arena located behind the event improvement
More about this property
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