Mixed-Use Property with Rental
New
For Sale
$3,995,000
13285 N State Highway 16, Graford, TX 76449
A commercial building complements a 16-cabin rental operation on two parcels near Possum Kingdom Lake.
Property Size17,484 SF
Lot Size6.59 Acres
Price / SF$228.49
Days on Market2
Property Features for 13285 N State Highway 16
General Information
Standard status
Active
Size
17,484 SF
Lot size
6.59 Acres
Property subtype
Business
Site & Location
Highway Access
Yes
Road Access
Yes
Units
Unit Mix
13 x 2BR/1BA, 2 x 3BR/2BA, 1 x 1BR/1BA
Multifamily Units
16
Additional Details
Land Use
commercial, residential
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$17,202
Building Details
Building Size
17,484 SF
Year Built
2008
Listing Agency:
Century 21 Mike Bowman, Inc.
Listed By:
Michael Avidon · License #0647171
(817) 354-7653
Source:
Alleyhomeandland
Added: Oct 26
Last Checked: Oct 26 at 3:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Mike Bowman, Inc.
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Investment Insights
Based on property information with market context.
This mixed-use property combines 16 rental cabins with a 5,500-square-foot commercial building. The cabins are used for long-term rentals and include 13 two-bedroom, one-bath units, two three-bedroom, two-bath units, and one one-bedroom, one-bath unit. The commercial building was previously used as an arcade and race track facility.
The property comprises two parcels and is located minutes from Possum Kingdom Lake in Graford, Texas. Built in 2008, it brings together residential rental accommodations and commercial space in one holding.
The property comprises two parcels and is located minutes from Possum Kingdom Lake in Graford, Texas. Built in 2008, it brings together residential rental accommodations and commercial space in one holding.
Key Highlights
- 16 cabins currently used for long‑term rentals
- Cabin mix: 13 two‑bedroom, one‑bath units; two three‑bedroom, two‑bath units; and one one‑bedroom, one‑bath unit
- 5,500‑square‑foot commercial building previously used as an arcade and race track facility
Property Analytics
Who owns this building?
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Current Use
Lease Details
16
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A commercial building complements a 16-cabin rental operation on two parcels near Possum Kingdom Lake.
Where is this mixed-use 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 cabins currently used for long‑term rentals; Cabin mix: 13 two‑bedroom, one‑bath units; two three‑bedroom, two‑bath units; and one one‑bedroom, one‑bath unit; 5,500‑square‑foot commercial building previously used as an arcade and race track facility
