Discover a unique investment opportunity at 6625 S Hwy 198, 75156! Situated on approximately 2 acres, this multifaceted property features 7 residential units, a 3-bedroom, 2-bathroom home, along with 29 storage units, an RV storage garage, and an additional garage. The diverse mix of residential and storage facilities offers investors the opportunity to explore multiple income-producing uses in one location. Conveniently located a short distance from a public boat ramp on Cedar Creek Lake, the property also offers proximity to recreational lake access. Whether you're looking to expand your investment portfolio or explore the potential of a versatile property, this offering presents a variety of possibilities. Don't miss the opportunity to bring your vision and explore the potential this unique property has to offer!
| Listing Id: | 21426259 |
|---|---|
| List Price: | $589,000 |
| Property Type: | Commercial Sale |
| Property Sub Type: | Business |
| Status: | Active |
| Unexempt Taxes: | $3,452 |
| Lot Size Square Feet: | 87,337.8000 |
| Lot Size Acres: | 2.005 |
| Waterfront?: | No |
| City: | Mabank |
| County Or Parish: | Henderson |
| Subdivision Name: | Payne Springs |
| Postal Code: | 75156 |
| Year Built: | 1993 |
| Accessibility Features Yn: | No |
| Basement Yn: | No |
| Building Area Source: | Public Records |
| Building Area Total: | 17,405.00 |
| Building Use: | Other |
| Business Type: | Residential, Storage |
| Ceiling Height: | 11 to 14 Feet |
| Construction Materials: | Frame, Metal Siding |
| Cooling: | Central Air, Electric |
| Directions: | From Gun Barrel City go to Payne Springs on Hwy 198 S, follow to approx. 10 miles to the property on the right. Sign out front. |
| Flooring: | Tile, Vinyl, Wood |
| Foundation Details: | Pillar/Post/Pier, Slab, Other |
| Heating: | Central, Electric |
| Leasable Area: | 17,405.00 |
| Listing Terms: | Cash, Conventional |
| Lot Size: | 1 to < 3 Acres |
| Lot Size Area: | 2.0050 |
| Lot Size Source: | Public Records |
| Lot Size Units: | Acres |
| Multi Parcel ID: | No |
| Multi Zoning?: | No |
| Municipal Utility District?: | No |
| Parking Features: | Common, On Site |
| Possession: | Closing/Funding |
| Postal Code Plus 4: | 7114 |
| Roof: | Composition, Other |
| Sqft Gross: | 17,405 |
| Stories Total: | 1 |
| Tenant Pays: | Electricity |
| Utilities: | City Water, Septic |
| Will Subdivide: | No |
| Year Built Details: | Preowned |
| Zoning Description: | Commercial |
Listing Courtesy of: Coldwell Banker American Dream
Listing Agent: Robert Blaase
903-887-7055
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North Texas Real Estate Information Systems, Inc. data last updated on November 03, 2026 08:59 AM - CT
Property Last Updated: November 03, 2026 08:59 AM - CT
