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Mixed-Use Property with Rodeo Arena
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5001 FM 2450, Krum, TX 76249

Multi-component property combining event, residential, equestrian, and recreational improvements across a fenced acreage setting.

Property SizeContact for details
Lot Size29.00 Acres
Days on Market145

Property Features for 5001 FM 2450

General Information

Standard status Active
Lot size 29.00 Acres
Property subtype Mixed Use

Additional Details

Multifamily Units 10
Listing Agency: Caprice Michelle LLC
Listed By: Caprice Michelle · License #TX 9004701
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 7:41AM

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 Caprice Michelle LLC

Investment Insights

Based on property information with market context.

This mixed-use property in Denton County combines an operating rodeo arena, food court area, outdoor event center, and wedding venue improvements. The property also includes an unfinished 4,200-square-foot wedding hall, 14 horse stalls, a 10-unit apartment complex, and a separate office, workout facility, and pool house.

Residential improvements include a six-bedroom, 6.1-bath home with a media room, ballroom, large pool, jacuzzi, and outdoor event area. Additional features include a four-car garage with an indoor basketball court, chicken coop, and large pond. The improvements occupy 29 fenced acres at 5001 FM 2450 in Krum, Texas, and the property may be divided.

Key Highlights

  • 29 fenced acres with a large pond
  • 10‑unit apartment complex
  • Complete rodeo arena with food court area

Property Analytics

Current Use

Lienzo Charro Casa ... DJ & Entertainment

Suggested Use

Top Pick HVAC Service Storage Facility

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

10
Residential units

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

Demographics for 76249, TX

9,411
Population
3,375
Households
2.8
Avg Household Size
36
Median Age
33%
College-Educated
93%
High-School Grad
71.1 sq mi
ZIP Area
132
Density / Sq Mi
$111,263
Median Household Income
$51,788
Median Earnings
$1,703
Median Rent
$304,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Mixed-use property - Multi-component property combining event, residential, equestrian, and recreational improvements across a fenced acreage setting.
Where is this mixed-use property located?
The property is located at 5001 FM 2450 Krum, TX.
What are key features of this property?
This property features: 29 fenced acres with a large pond; 10‑unit apartment complex; Complete rodeo arena with food court area
(214) 789-7364 Call to check price and availability
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