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Claudia Carroll

Broker Associate

  • Office 903-581-5225
  • Cell 903-570-6226
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507 Cr 1550, Alba, TX – $1,950,000

  • $2M Price
  • 2.12 Acres
  • $2M Price
  • 2.12 Acres

507 Cr 1550

Looking for an extraordinary business opportunity? Well…for the first time in over 32 years one of the top marinas on world famous Lake Fork is ready for new ownership! Established and operated by the same family over this time, Mustang Resort has established itself as the frequent preference for weekend visitors, long-term customers and Fishing Pros alike. With great attention to detail, the owners have built and maintained all aspects of this marina to a consistently high quality in both workmanship and service. Mustang Resort benefits from multiple revenue streams such as: 120 RV-Park Model sites each with its own electric meter (100% leased), 60 boat storage units (12 x 25, 100% leased), 10-room Motel (with many recent upgrades), Bait shop, gas pump, and public fee-based boat launch. Mustang Resort is unsurpassed as a top marina on Lake Fork with great amenities, custom-built owners’ home, 1500 SF on-site office and store with bait and sundries, 2 boat ramps, future development

Essential Information

  • MLS® #10106214
  • Price$1,950,000
  • Acres2.12
  • TypeCOMMERCIAL BUILDING/LAND
  • Sub-TypeBuilding
  • StyleOther/See Remarks
  • StatusActive

Community Information

  • Address507 Cr 1550
  • CityAlba
  • CountyWood
  • StateTX
  • Zip Code75410

Amenities

  • UtilitiesIndividual Electric Meter
  • Is WaterfrontYes

Interior

  • HeatingCentral Electric
  • CoolingCentral Electric

Exterior

  • Lot Descriptionsee aerial

Construction

Brick and Stone, Metal, Wood Based Siding

Additional Information

  • ZoningCommercial
  • ForeclosureYes

Listing Details

  • AgentLinda Burns
  • OfficeSignature Properties, LLC
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable, but not guaranteed.