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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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331 Old Mill Rd , Rhome, TX 76078
$545,000
Est. Payment: $2,805.90/mo
0 Bed
0 Bath
4015 Sqft
Status: active | Days on site: 93
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Harrison Lilly, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Harrison Lilly
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House Description

NEW LIST PRICE! Texas's first Gristmill that dates back to the 1800's. Property is approval for Commercial, Light Industrial. Half of the Gristmill was previously used as a Contemporary Residence. This industrial building is perfect for any business operation, with plenty of space for manufacturing, storage, or distribution. This could be a mercantile with two main level bathrooms and front reception area! One side could be a coffee shop with live music, upstairs can be flex space for events, or office. The whole property would be a great venue, given some clearing in the back for more parking or a stage. Approximately 2mi from Rolling V Ranch, a 3600ac master plan of 10,000 homes. 114 and Hwy. 287 and Incredible development opportunity in a prime location with many commercial and industrial businesses moving to the area. Seller is open to lease the property for the right terms. Located 29 miles from DFW and 26 miles from Downtown Fort Worth.
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Highlights

Listed by Kate Hogan , and Barrett Weaver , Keller Williams Heritage West , North Texas Real Estate Information Systems

Property Type

Commercial Sale

Year Built

9999

County

Wise

 Neighborhood

Original Town Rhome

Listing ID

21276673

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Air Cond:Ceiling Fan(s),Central Air
Fireplaces:
Floor:Combination,Concrete,Laminate

Exterior Features

Lot:Few Trees,Level,Varied,Less Than .5 Acre (not Zero)
Zoning:Once was zoned for residential and commercial. Now it is zoned for only commercial.
Roof:Metal
Others:
  • ▪ Additional:Preowned
Parking Features:Asphalt,Gravel,On Site,On Street,Open,Outside,Unpaved
Principal Interest
$2,806
Taxes
$347

Home Price

$545,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$109,000
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:
$2,805.90

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,805.90 $347.44 $0.00 $3,153.33
Yearly $33,670.76 $4,169.25 $0.00 $37,840.01
Total $1,010,122.81 $125,077.50 $0.00 $1,135,200.31

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 (Rhome, 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: 2026-08-25T01:22:49.237Z

© 2026 North Texas Real Estate Information Systems