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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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13285 N State Highway 16 , Graford, TX 76449
$3,995,000
Est. Payment: $20,567.99/mo
0 Bed
0 Bath
17484 Sqft
Status: active | Days on site: 103
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House 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.

Highlights

Listed by Michael Avidon , Century 21 Mike Bowman, Inc. , North Texas Real Estate Information Systems

Property Type

Commercial Sale

Lot/Acreage
6.59

Year Built

2008

County

Palo Pinto

Neighborhood

The Cottages

Listing ID

21267074

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air,Electric
Fireplaces:
Floor:Vinyl

Exterior Features

Lot:5 to < 10 Acres
Zoning:Commerical
Roof:Composition,Metal
Others:
  • Additional:Preowned
Parking Features:Additional Parking
Principal Interest
$20,568
Taxes
$1,434

Home Price

$3,995,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$799,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$20,567.99

Principal

Taxes

Principal Taxes HOA Total
Monthly $20,567.99 $1,433.50 $0.00 $22,001.49
Yearly $246,815.94 $17,202.00 $0.00 $264,017.94
Total $7,404,478.18 $516,060.00 $0.00 $7,920,538.18

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Graford, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T19:21:47.893Z

© 2026 North Texas Real Estate Information Systems