13285 N State Highway 16, Graford, TX

$2,300,000

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5.82

Acres

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

AgentVee Hanssen
OfficePossum Kingdom Real Estate

Listing Map

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