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$545,000
New Listing

331 Old Mill Road
Rhome, TX 76078

For Sale|Business|Active
0
Beds
0
Total Baths
4,015
SqFt
$136
/SqFt
Subdivision:
Original Town Rhome
County:
Wise

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214-930-8350
331 Old Mill Road331 Old Mill Road331 Old Mill Road331 Old Mill Road
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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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Listing Snapshot
Price 
$545,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,015 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
N/A
MLS® Number 
21276673
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
4 hours agoListing updated with changes from the MLS®
4 hours agoListing first seen on site
General Features
Foundation 
Slab
Number Of Stories 
2
Parking 
AsphaltGravelOn SiteOn StreetOpenOutsideUnpaved
Property Sub Type 
Business
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
4015
Water Source 
Public
Zoning 
Once was zoned for residential and commercial. Now it is zoned for only commercial.
Interior Features
Cooling 
Ceiling Fan(s)Central AirOther
Flooring 
CombinationConcreteLaminate
Heating 
Other
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Exterior Features
Construction Details 
Metal SidingSteel Siding
Lot Features 
Few TreesLevel
Roof 
Metal
Community Features
Financing Terms Available 
1031 ExchangeCashConventionalLease OptionLease Purchase
Listing courtesy of Kate Hogan of Keller Williams Heritage West kate.hogan@kw.com



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-05-24 01:17 PM CDT

Neighborhood & Commute
Source: Walkscore
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