Malakoff, TX 75148 12001 W State Highway 31
$2,495,000



10 more











Presented By: Anna Barber with Allie Beth Allman & Assoc.; 469-758-9102
Home Details
Turnkey Events Venue Business Opportunity
Discover a premier investment opportunity with this stunning 39 acre property situated just minutes from Cedar Creek Lake, offering a rare business opportunity in a gorgeous rural setting.
Located outside Malakoff city limits with approx. 1,063 LF of frontage along the State Hwy 31 the property features a picturesque 2+ acre lake and a total gross building area of approx. 11,163 SF with 3 buildings providing 10,082 SF of heated and cooled space.
The 3,524 SF main residence has 3 bedrooms, 3.5 baths, a private guest suite, formal dining room, office space, and a swimming pool sun terrace.
The events centre is 54.5’ x 60.3’ and was converted to its present use in 2018-2019. It has a main room with vinyl wood laminate flooring and a cathedral design ceiling with LED lighting with a partitioned kitchen, two restrooms, and a mechanical room. Two sets of sliding doors lead to an outdoor covered area of approx. 3423 SF. The main room has a projector and screen and speakers are installed inside and outside.
The Chapel and was built in 2022 and measures 40.1’ x 80.3’. There are separate rooms for the a bridal and groom room to get ready in, appropriately decorated, both with restrooms. A third restroom in the vestibule adjacent to a small sound room. The remainder of the building is the sanctuary with arched windows, canned lighting, chandeliers and a polished concrete floor. 28 pews provide seating for 224 to 280 people.
Additionally, there are two agricultural buildings, measuring approx. 1080 SF and 476 SF.
This offers a turnkey events business opportunity with the option to acquire its established branding, marketing assets, and vendor relationships. With a good mix of open fields and wooded areas, this land would also be ideal for development, corporate retreats, or hospitality ventures. Whether you're an investor, entrepreneur, or looking for an exceptional property, this estate offers endless possibilities.
Presented By: Anna Barber with Allie Beth Allman & Assoc.; 469-758-9102
Interior Features for 12001 W State Highway 31
Other Interior Features
SQFT Gross1714522
Lock Box TypeNone
FlooringCarpet, Concrete, Simulated Wood, Tile, Wood
Total Stories1
Total Units5
General for 12001 W State Highway 31
Building UseChurch, Other
Business TypeHospitality
Ceiling HeightOther
CityMalakoff
Construction MaterialsBrick, Frame, Rock/Stone
CoolingCentral Air, Zoned
CountyHenderson
DirectionsFrom the intersection of Loop 7 and Hwy 31 in Athens, head West on 31. After approx. 4.4 miles the entrance to the property will be on the left, accessed from the Eastbound carriageway.
ExclusionsInventory items for events are excluded from the sale. All furniture and personal effects.
Gross Annual Expenses1.00
HeatingCentral, Zoned
Listing Terms1031 Exchange, Cash, Conventional, Other
Occupant TypeOwner
Owner PaysAll Utilities
PossessionClosing/Funding
Property SubtypeBusiness
Property TypeCommercial Sale
RoofComposition, Metal, Tile
Security FeaturesSecurity Gate
Standard StatusActive
StatusActive
Subdivision NameG ALDRICH
Tenant PaysAll Utilities
UtilitiesCity Water, Electricity Connected, Outside City Limits, Septic
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built2007
Year Built DetailsPreowned
Zoning DescriptionOutside of City Limits
Exterior for 12001 W State Highway 31
Building Area Total11163.00
Construction Materials WallsPaneling, Plaster, Texture
Foundation Slab
Lot FeaturesAcreage, Many Trees, Water/Lake View
Lot Size10 to < 50 Acres
Lot Size Acres39.3600
Lot Size Area39.3600
Lot Size SourceAppraiser
Lot Size Square Feet1714521.6000
Lot Size UnitsAcres
Parking FeaturesAdditional Parking, Asphalt, Carport, Concrete, Driveway, Garage, Gravel, Storage
Road Frontage TypeState Road
Additional Details
Price History
