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4899 Leroy Parkway

Elm Mott, TX 76640

$ 6,995,900

4899 Leroy Parkway, Elm Mott, TX 76640

$ 6,995,900
4899 Leroy Parkway,
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SqFt
40,270

Acres
51.91

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

Description

Welcome to a rare and remarkable opportunity in the heart of Texas. Knoxville Ranch, a highly successful and thriving wedding and event venue just
outside Waco, TX, is now available for sale. This iconic property boasts not only the scenic beauty of its 50-acre expanse but also a proven track record of hosting unforgettable weddings and events, making it an exceptional investment opportunity with a substantial return on investment.

Key Features:

1. Established Business: Knoxville Ranch has earned a reputation as a premier wedding and event destination. Its established client base and
positive reviews ensure a steady stream of bookings, making it a turnkey investment for entrepreneurs seeking a successful business venture.

2. Scenic Beauty: The property’s natural beauty, including rolling hills, a tranquil pond, and a rustic barn, has made it a sought-after
backdrop for weddings. These picturesque elements add immense value and charm to the venue.

3. Versatile Spaces: With a spacious barn, two indoor banquet spaces, commercial kitchens, outdoor ceremony sites, bridal and groom’s quarters, eleven individual guest cabins, worlds of parking, and extensive grounds, Knoxville Ranch offers a versatile canvas for creativity and expansion. Host multiple events simultaneously or diversify the venue’s offerings to maximize profitability.

4. Investment Potential: Given its strong financial performance and continued demand for wedding venues, Knoxville Ranch offers a secure
and potentially lucrative investment. Benefit from the thriving wedding and events industry with a property that has already established itself as a standout choice.

5. Growth Opportunities: The property’s size and adaptability provide room for expansion and diversification. Consider additional revenue
streams such as corporate events, private parties, or even a bed-and-breakfast to enhance your return on investment.

6. Professional Staff: The existing experienced team can help ensure a seamless transition for new owners, providing valuable insights and continuity for the business’s success.

7. Positive Cash Flow: Knoxville Ranch’s proven success in the wedding industry means you can enjoy a positive cash flow from day one, with
the potential for substantial revenue growth.

8. Ideal Location: Located just outside Waco, a city known for its growing popularity and attractions, Knoxville Ranch benefits from its
proximity to a vibrant and expanding community. Be in downtown Waco in just fifteen minutes!

Don’t miss this opportunity to own a profitable and well-established wedding venue in one of Texas’s most desirable regions. Knoxville Ranch offers not only a piece of Texas charm but also a sound financial investment in a growing industry. If you’re ready to step into a thriving business with a great return on investment, contact us today to learn more about this extraordinary property.

Location

Street Address: 4899 Leroy Parkway
City:
Zip Code: 76640
County:
School District: West ISD
Country: United States
Legal Description: CULP J (A-249) 44.6 AC, HARRISON W P (A-470) 6.81 AC TOTAL 51.41 AC

Listing

Status:
MLS: # 218633
List Date: 2023-10-11
Original List Price: $7,500,000
Buyer Agent Comp: 3.00%
Property Tax: $62,175.19
Property Tax Year: 2023
Shown By: Bentwood Realty

Showing Office Phone: (254) 300-4800

List Office: AG Real Estate & Associates
List Office Phone: 254-296-9100
SqFt Source: Appraisal District

Property

Garage/Parking: Parking Lot
Construction: Other
Roof: Metal
Stories: 2
View: Water
Cooling: Central Air
Utilities: Septic, No Sewer
Road Frontage: County Road

Features/Misc

Amenities and Features

Exterior Features
Has a View
Has Waterfront
Mechanical and Delivery
Central Air

Virtual Tour

The database information herein is provided from the Waco Association of Realtors (WAOR). WAOR data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2023 WAOR. All rights are reserved. Listing Updated: 2023-11-07 @ 14:09:34.300

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