Property summary
This exceptional 19.15-acre property in Flint, Texas, presents a rare investment opportunity on the shores of Lake Palestine. Boasting over 2,600 feet of highway frontage and 570+ feet of stunning waterfront, this unique estate encompasses over 33,706 square feet of improvements. Currently operating as a successful wedding venue, event center, and Vrbo lodging (listing #3034837), the property offers diverse income streams and significant expansion potential. The existing lodging comfortably accommodates up to 19 guests with six private bedrooms, twelve beds, two full baths, a fully equipped kitchen, living room, deck/patio access, and amenities including a gym and hot tub. Guests also enjoy access to a private beach, boat launch, and a common area featuring a pool table and outdoor palapa. The venue is ideally suited for both indoor and outdoor events, taking full advantage of the breathtaking lakefront views and picturesque sunsets. Detailed design plans are available for future expansion, including options for an expanded event center, hotel, restaurant, exclusive RV park, or marina. The current owner is open to discussing potential partnerships or investor interest. This is a truly exceptional property with immense potential for growth and profitability. The asking price is $12,500,000.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel Resort
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Spa & Massage Center Gym & Fitness Center
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Pet Store
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Nightclub Music Venue
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Church Mosque
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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