Water Views
Address
12001 State Highway 31 W, Malakoff, TX
Price
$ 2,999,999
Property Attributes
  • MLS#20581840
  • TypeCommercial
  • CountyHENDERSON
  • CityMalakoff
  • NeighborhoodMalakoff
  • Zip75148
  • StyleBusiness
  • Year Built1981
  • Taxes$ 4183
  • Price$ 2,999,999
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3524
  • Lot Size39.36 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Nestled amid the serene beauty of East Texas, this enchanting 39+ acre wedding venue near Cedar Creek Lake, Malakoff and Athens is a picturesque haven where dreams come to life! Known as Margot Hill, the property has a 5,300 sqft climate controlled wedding and events building, a newly constructed chapel with 230 person seating capacity, and a three bedroom, three and a half bathroom, 3,524 sqft foot home with private pool. With plenty of space for even more expansion, this thriving wedding and events business could be your own dream come true! From lush greenery to the beautiful fish filled pond, every element is meticulously curated to create an unforgettable experience. Surrounded by the beauty of nature, this tree filled property offers a retreat where the sounds of chirping birds and rustling leaves create a symphony of serenity, inviting guests to unwind and create lasting memories in this idyllic setting.

Price History
4/8/2024 Listed $2,999,999

General Features

Heating Central,Electric
Cooling Ceiling Fan(s),Central Air,Electric
Utilities Private Sewer,Private Water
Ceiling Height 8 to10 Feet
Possession Negotiable
Roof Composition
Year Built 1981
Tenant Pays None
Topography Heavily Treed,sloping,pond
Business Type Church,Commercial,Hospitality
Business Name Margo Hill
Unexempt Taxes 4183
Building Use Church,Other
Will Subdivide No
Gross Annual Expenses 0.00
Property SubType Business
Subdivision Name Malakoff
Zoning Description Homestead,residential,located in the County
Occupant Type Owner
County Henderson
Property Type Commercial Sale
Construction Materials See Remarks
Year Built Details Preowned
Status Active
Directions Located on HWY 31,7 miles northeast of Downtown Malakoff or 7.1 miles southwest of Loop 7 in Athens
City Malakoff
Buyer Agent Compensation 3
Street Name State Highway 31
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20581840
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Flooring Carpet,Hardwood
Total Stories 1
Total Units 4
Lock Box Type None

Exterior Features

Lot Features Acreage,Adjacent to Greenbelt,Greenbelt,Landscaped,Many Trees,Pasture,Rolling Slope,Sloped,Sprinkler System,Tank/ Pond,Water/Lake View
Lot Size Source Assessor
Parking Features Other
Lot Size 10 to < 50 Acres
Foundation Slab
Lot Size Area 39.3600
Lot Size Units Acres
Building Area Total 3524.00
Road Frontage Type Highway
Lot Size Square Feet 1714521.6000
Lot Size Acres 39.3600

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 75148

Price
AVG $850K
$3M
Taxes
AVG $1,586
$4,183
Visits
AVG 28
30
Data Provided by Inside Real Estate®
Year Built
AVG 1981
1981

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