Mixed-Use Property with RV
For Sale
$1,150,000
20548 FM 901 Road, Gordonville, TX 76245
CommercialSale, Gordonville, TX
Property Size1,600 SF
Lot Size20.00 Acres
Price / SF$148.39
Days on Market85
Property Features for 20548 FM 901 Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
R
Parking features
Covered, Carport, Garage
Security features
Security
Subdivision
G-1393
Lot features
Acreage, Agricultural, Pond On Lot
Directions
From Dallas: Head north on US-75. toward Sherman. Take Exit 61 toward Whitesboro, merge to US-82 West. Turn north on US-377, Turn right (east) on FM 901. From Lake Texoma (Denison area): Head west on FM 120 or US-82 toward Whitesboro. Turn north on US-377, then turn right (east) on FM 901.
Standard status
Active
APN
108256
Size
7,750 SF
Lot size
20.00 Acres
Taxes and HOA fees
Tax Description
G-1393 YGLESIAS DIONISIO A-G1393, ACRES 20.0
Tax Annual Amount
4044
Legal Description
G-1393 YGLESIAS DIONISIO A-G1393, ACRES 20.0
Utilities
Sewer type
Aerobic Septic
Heating system
Heat Pump (Heating)
Cooling system
Electric, Wall Unit(s), Ceiling Fan(s)
Building Details
Year built
2023
Floors in Building
2
Number of units
16
Flooring type
Tile
Building materials
AluminumSiding
Roof type
Metal
Listing Agency:
Bradford Elite Real Estate LLC
(972) 212-5206
Listed By:
Martha Eason · License #0821617
(972) 689-9582
Added: Jul 16
Changed: Oct 2
Last Checked: Oct 8 at 6:06AM
MLS# 21317601
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 20-acre mixed-use property combines an operating RV and boat storage business with a 1,600-square-foot shop and warehouse built in 2023. The storage operation has 16 covered spaces and more than 20 uncovered spaces. A 2021 barndominium is also part of the property, along with a bus at the front that provides additional flexible space. A pond and private well are on site, and the acreage is described as ag exempt.
Paved FM 901 frontage provides road access, and the property is near Lake Texoma. The shop and warehouse, storage operation, residence, and open land bring several existing components together on one parcel.
Paved FM 901 frontage provides road access, and the property is near Lake Texoma. The shop and warehouse, storage operation, residence, and open land bring several existing components together on one parcel.
Key Highlights
- 20 acres with paved FM 901 frontage
- Established RV and boat storage operation with 16 covered spaces and more than 20 uncovered spaces
- 1,600‑square‑foot shop and warehouse built in 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,725
Cap Rate
6.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,534,500
$1.5M
Cap Rate 7%
$1,096,071
$1.1M
Cap Rate 9%
$852,500
$852.5K
Market Conditions
NOI Build-Up for 7,750 SF
Gross rent
$139.5K $18.00/SF
− Vacancy
−$16.7K −$2.16/SF
EGI
$122.8K $15.84/SF
− OpEx
−$46.0K −$5.94/SF
NOI
$76.7K $9.90/SF
Area
Grayson County, TX
Vacancy
12.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,534,500
Cap Rate 7%
$1,096,071
Cap Rate 9%
$852,500
Alternative Uses
Best Use
Office B
$1.85M
$1.62M – $2.16M
NOI $129,635 @ 7.0% cap · market cap 11.27%
Second Best
Mixed Use
$1.10M
$959.1K – $1.28M
NOI $76,725 @ 7.0% cap · market cap 6.67%
Theoretical Best
Hotel Hospitality
$3.98M
$3.48M – $4.64M
NOI $278,303 @ 7.0% cap · market cap 24.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Explore this area
Business Placement
Demographics for 76245, TX
1,954
Population
1,408
Households
1.4
Avg Household Size
55
Median Age
22%
College-Educated
87%
High-School Grad
24.2 sq mi
ZIP Area
81
Density / Sq Mi
$75,391
Median Household Income
$32,885
Median Earnings
$840
Median Rent
$196,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - An operating vehicle-storage business is accompanied by a shop, warehouse, barndominium, pond, and private well.
Where is this mixed-use property located?
The property is located at 20548 FM 901 Road Gordonville, TX.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 20 acres with paved FM 901 frontage; Established RV and boat storage operation with 16 covered spaces and more than 20 uncovered spaces; 1,600‑square‑foot shop and warehouse built in 2023
