About 13285 N State Highway 16
Just minutes from Possum Kingdom Lake is a quiet community of 1 and 2 story Cottages with various floor plans PLUS an entertainment facility. Sixteen RENTAL INCOME SINGLE FAMILY RESIDENTIAL UNITS plus a unique Arcade and Go-cart Racetrack on adjacent parcel. Each Cottage has its own parking and yard. One 1-Bedroom with 1-Bathroom, two 3-Bedrooms with 2-Bathrooms, thirteen 2-Bedrooms with 1-Bathroom cottages. These long-term rentals stay full and most of the time there is a waiting list of interested prospective tenants. Adjacent to this quiet community of rental income residences is the Racetrack, designed for outdoor gatherings on a second-floor balcony for watching the go-cart races. Multiple turns and switchbacks, this track was professionally designed. This fun Arcade and Racetrack has great potential to answer the need of the lake country's youth who are limited on nighttime activities. COTTAGES AND RACETRACK NOT SOLD SEPERATELY
Features of 13285 N State Highway 16
| MLS® # | 20000187 |
|---|---|
| Price | $2,300,000 |
| Bathrooms | 0.00 |
| Acres | 5.82 |
| Year Built | 2008 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 13285 N State Highway 16 |
|---|---|
| Subdivision | Peninsula |
| City | Graford |
| County | Palo Pinto |
| State | TX |
| Zip Code | 76449-4734 |
Amenities
| Utilities | Asphalt, Electricity Connected, Outside City Limits, Overhead Utilities, Electricity Available, Gravel/Rock |
|---|---|
| Parking Spaces | 50 |
| Garages | Common, Driveway, Unassigned, Varies by Unit |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Other |
|---|---|
| Heating | Heat Pump |
| Fireplace | No |
| Stories | MultiSplit |
Exterior
| Lot Description | Corner Lot, Level |
|---|---|
| Roof | Composition |
| Construction | Siding, Fiber Cement, Vinyl Siding, Wood |
| Foundation | Slab |
School Information
| District | Graford ISD |
|---|---|
| Elementary | Graford |
| Middle | Graford |
| High | Graford |
Listing Details
| Agent | Vee Hanssen |
|---|---|
| Office | Possum Kingdom Real Estate |