13285 N State Highway 16 |
|
| Price: | $3,995,000 |
| Property Type: | commercial_industrial |
| MLS #: | 21267074 |
| 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. | |
| Area: | Palo Pinto |
| Year Built: | 2008 |
| Bedrooms: | None |
| Bathrooms: | None |
| Acres: | 6.59 |
| Virtual Tour: | Click here to view |
Courtesy: Michael Avidon • Century 21 Mike Bowman, Inc. • 
Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. Data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.
This content last refreshed on 06/19/2026 04:45 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
