Commercial For Sale near Possum Kingdom Lake

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.

Property Details

  • Beds: 0
  • Baths: 0.0
  • Year Built: 2008
  • Location: Possum Kingdom Lake
  • Acres: 6.590
  • County: Palo Pinto County
  • Community: The Cottages
  • Heat/AC: Electric (Heating), Central
  • Siding: Rock, Stone
  • Roof: Metal, Composition
  • Stories: 2
  • Property Taxes: $17,202
  • MLS #: 21267074

Location

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Contact Information:

Contact Agent
Buyer's Agent: Dave & Judy Smith
REMAX Elite Group
940-456-6144
Please say you found it on Lakehouse.com !
Listing Agent: Michael Avidon, Century 21 Mike Bowman, Inc., 817-354-7653, 817-354-7653 Listing Site, Listing Status: Active
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Ad Statistics:

Lake Commercial For Sale in Graford, Texas
Ad Number : 7725011
Viewed: 32 times
Added: May 14, 2026
Updated on: May 14, 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified.