907 Fm 4 Palo Pinto, TX 76484
This exceptional 88-acre property in Palo Pinto County, Texas, presents a unique blend of commercial and recreational opportunities. The main structure boasts 3,347 square feet of retail space, ideal for a variety of businesses. The property also includes a charming 4-bedroom, 4-bathroom ranch-style home, complete with a stunning living room featuring skylights and a wood-burning fireplace. A recent addition includes a luxurious master suite with a walk-in closet and modern bathroom. Outdoor amenities are extensive, featuring a patio with a fireplace and fire pit, a fully stocked pond, a 105-foot wide by 220-foot long roping arena, a round pen, a horse stable, and a storage shop. Thoughtful fencing and cross-fencing enhance the property's functionality. The land is heavily treed, providing a natural habitat for deer, and offers breathtaking elevated views from the rear. A second dwelling, a 2-bedroom, 1-bathroom house, provides additional living space, potentially for rental income or staff housing. Located just south of Palo Pinto, this property offers a tranquil retreat while maintaining convenient access to Granbury, Texas, with a zip code of 76484. The asking price is $1,299,000, with a land value of $14,628 per acre. This versatile property is perfect for those seeking a combination of commercial investment and a peaceful country lifestyle.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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