Water Views
Address
200 Retreat Drive Possum Kingdom Lake, TX
Price
$ 998,000
Property Attributes
  • MLS#14555320
  • TypeCommercial
  • CountyPALO PINTO
  • CityPossum Kingdom Lake
  • NeighborhoodWest Side
  • Zip76450
  • StyleHotel/Motel
  • Year Built2016
  • Taxes$ 4389
  • Price$ 998,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3185
  • Lot Size3.64 Acres
Listing Provided Courtesy Of:
Cody Klapper with Coldwell Banker Realty
Data Source:
North Texas Real Estate Info Systems (NTREIS) - 37 - TX
Property Description

The Retreat on Possum Kingdom offers an ideal , turn key location for a short term rental business and consists of 9 Total Cabins (7) efficiencies (1) 1 Bedroom and (1) 2 bedroom cabin, each unit comes complete with basic furnishings and plenty of room to expand or add additional units in the future, property features beautiful elevated water views, gated entry with cement drive, high capacity septic system, overflow and boat parking all just a short distance from Fox, Bass & Possum Hollow. Cabins were recently renovated and are built to last with smart board siding, pecs plumbing, foam insulation and metal roofs, all units have an attached covered porch as well!

Price History
5/4/2021 Listed $1,200,000
8/21/2021 17% - $998,000

General Features

Building Use Hotel/Motel
Business Name The Retreat
Ceiling Height 8 to10 Feet
Commercial Features Living Areas, Multi-User, Other
Construction Materials Rock/Stone, Siding, Wood
Flooring Laminate
Heating Other, Window Unit
Lot Number 1-9R
Number Of Leaseable Spaces 7
Number Of Spaces Leased 5
Property Type Commercial
Proposed Financing Cash, Conventional
Road Frontage Asphalt, Concrete
Special Notes Aerial Photo, Deed Restrictions
Stories 1
Subdivision West Side
Tenant Pays All Utilities, Sewer, Water
Topography Sloped
Type COM-Sale
Utilities All Weather Road, Co-op Water, Master Water Meter, Outside City Limits, Septic
Virtual Tour Url Unbranded https://www.propertypanorama.com/instaview/ntreis/14555320
Year Built 2016
Year Built Details Preowned
Zoning Commercial 1

Interior Features

# of Units 9
Living Area 3400
Sqft Building 3185
Sqft Leasable 3400

Exterior Features

Remarks The Retreat on Possum Kingdom offers an ideal, turn key location for a short term rental business and consists of 9 Total Cabins (7) efficiencies (1) 1 Bedroom and (1) 2 bedroom cabin
Construction Materials Walls Other, Paneling
Foundation Pier & Beam, Slab
Inclusions Furniture, Land & Improvements
Lake Name Possum Kingdom
Lot Size Area 3.638
Lot Size Area 3.638
Lot Size Area (acres) 3.638
Lot Size Area (sq Ft) 158471
Lot Size Source Other Documentation
Lot Size Units Acres
Parking Features Unassigned Spaces

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 76450

Price
AVG $380K
$1,000K
Taxes
AVG $3,597
$4,389
Visits
AVG 95
44
Year Built
AVG 1985
2016

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