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7132 E FM 916
Grandview, TX 76050
The Rove at L5 · Land For Sale · 285.03 AC

Investment Highlights

  • 126 nights booked in 2022 with an asking price of $1,200/night.
  • The property has four buildings with a centrally located pool and multi-sport court in addition to a private 22 acre lake.

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Hold For Development
  • Hold For Investment
  • Single Family Development
  • Pasture Ranch
Total Lot Size 285.03 AC
Zoning Unincorporated Johnson Co

Description

The Rove at L5 is an established short term rental property in the Grandview market with 126 nights booked in 2022 with an asking price of $1,200/night. The property has four buildings with a centrally located pool and multi-sport court in addition to a private 22 acre lake. Bookings have included family reunions, weekend getaways and corporate retreats. There is a significant amount of acreage that can be utilized as value add for estate lots or additional short term rentals. The current amenities and modern buildings have kept bookings steady and strong.

  • Listing ID: 27839974

  • Date on Market: 2/27/2023

  • Last Updated:

  • Address: 7132 E FM 916, Grandview, TX 76050

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