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$3,995,000
Est. payment /mo
6.59 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision The Cottages
MLS Listing ID 21267074
Total Fin. Sqft 17484
Year Built 2008
Annual Tax Amount $17,202
Lot Size 6.590 Acres
Acres 6.59
Property Sub-Type Business
Property Description
Exceptional commercial and investment opportunity just minutes from Possum Kingdom Lake. Situated on 6.586 acres with prime Highway 180 frontage, this unique property offers unmatched visibility, strong traffic counts, and endless potential for future development or continued income production.
The property consists of two parcels and currently features 16 rental cabins being utilized as long-term rentals. Of the 16 cabins, 13 offer 2 bedrooms and 1 bath, 2 offer 3 bedrooms and 2 baths, and 1 offers 1 bedroom and 1 bath — creating a diverse rental mix with established income potential.
In addition to the residential component, the property also includes an impressive 5,500 square foot commercial building formerly operated as an arcade and race track facility. With its strategic location, highway exposure, and ample acreage, the commercial possibilities are truly endless — ideal for entertainment, retail, restaurant, event venue, storage, redevelopment, or expanded hospitality use.
Rarely does an opportunity with this level of versatility, acreage, income potential, and premier location near Possum Kingdom Lake come available. Whether you are an investor, developer, or entrepreneur, this property is positioned for exceptional future upside.
The property consists of two parcels and currently features 16 rental cabins being utilized as long-term rentals. Of the 16 cabins, 13 offer 2 bedrooms and 1 bath, 2 offer 3 bedrooms and 2 baths, and 1 offers 1 bedroom and 1 bath — creating a diverse rental mix with established income potential.
In addition to the residential component, the property also includes an impressive 5,500 square foot commercial building formerly operated as an arcade and race track facility. With its strategic location, highway exposure, and ample acreage, the commercial possibilities are truly endless — ideal for entertainment, retail, restaurant, event venue, storage, redevelopment, or expanded hospitality use.
Rarely does an opportunity with this level of versatility, acreage, income potential, and premier location near Possum Kingdom Lake come available. Whether you are an investor, developer, or entrepreneur, this property is positioned for exceptional future upside.
Location
State TX
County Palo Pinto
Zoning Commerical
Direction GPS will bring you to the location
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Vinyl
Heat Source Central, Electric
Exterior
Utilities Available Aerobic Septic, City Water, Community Mailbox, Gravel/Rock, Overhead Utilities
Roof Type Composition,Metal
Garage No
Building
Foundation Slab
Structure Type Rock/Stone,Siding
Others
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21267074
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©2026 North Texas Real Estate Information Systems.
Listed by Michael Avidon • Century 21 Mike Bowman, Inc.
Nearby School & Business
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