Paragon Realtors Real Estate

331 Old Mill RoadRhome, TX 76078Price: $545,000

  • Price: $545,000
  • 17 Days on Market
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Federal 30-year interest rate: 6.48% last updated on Jun 4, 2026
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  • $545,000List Price
  • 4,015Square Feet

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Listed by Kate Hogan of Keller Williams Heritage West (817-771-3174)
NEW LIST PRICE! Texas's first Gristmill that dates back to the 1800's. Property is approval for Commercial, Light Industrial. Half of the Gristmill was previously used as a Contemporary Residence. This industrial building is perfect for any business operation, with plenty of space for manufacturing, storage, or distribution. This could be a mercantile with two main level bathrooms and front reception area! One side could be a coffee shop with live music, upstairs can be flex space for events, or office. The whole property would be a great venue, given some clearing in the back for more parking or a stage. Approximately 2mi from Rolling V Ranch, a 3600ac master plan of 10,000 homes. 114 and Hwy. 287 and Incredible development opportunity in a prime location with many commercial and industrial businesses moving to the area. Seller is open to lease the property for the right terms. Located 29 miles from DFW and 26 miles from Downtown Fort Worth.

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Based on information submitted to North Texas Real Estate Information Services as of June 9, 2026 5:21 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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