22525 Hwy 155 Flint, TX 75762

This exceptional 19.15-acre property on Lake Palestine presents a unique investment opportunity. Currently operating as a successful multi-use facility, it includes a wedding venue, event center, and a six-bedroom Vrbo lodging (listing #3034837) accommodating up to 19 guests. The property boasts 2,600+ feet of highway frontage on Highway 155, with two driveway cuts, and 570+ feet of surveyed waterfront access. The main building features a large ballroom ideal for various events, complemented by a beach club with a boat launch, swimming area, and ample outdoor space. Existing improvements total over 33,000 square feet, spread across five one-story buildings, built in 1980. The Vrbo lodging includes a fully equipped kitchen, living room, two full baths, a deck/patio, and access to a gym and hot tub. Nearly 10 acres of undeveloped land offer significant expansion potential, with possibilities including a hotel, restaurant, RV park, or marina. The property also features a gated entrance and offers the opportunity to add a dock or fishing pier. Lake Palestine, an 18-mile-long freshwater reservoir, provides abundant recreational opportunities. The asking price is $12,500,000, with a total square footage of 17,688. This property is located in Smith County, Texas, with the address 22525 Hwy 155 S, Flint, TX 75762. The property's APN is 100000000100021000.