725 Carpenters Bluff Rd Hendrix, OK 74741
Estimated payment $2,368/month
About This Lot
Operated as a rural family business for over 75 years as The Silver Dollar Grocery and Cafe, here is a rare opportunity to purchase a prime commercial property with a long and rich history and limitless potential only one-half mile from the Red River and only 7.5 miles from Denison, Texas. An iconic commercial property steeped in small-town charm and big business potential being the first business location after entering Oklahoma from Texas FM 120 crossing the new Carpenters Bluff Bridge. Originally established and operated for three generations as a thriving grocery store and cafe, this property has long been a cornerstone for the rural communities and for Red River visitors. Known for hamburgers and fine buffet meals, The Silver Dollar drew loyal customers from miles and around and served as a social and economic hub for the Red River valley for both Texas and Oklahoma. Beyond its bustling retail and dining history, the property has several additions ideal for light manufacturing or warehouse operations perfect for entrepreneurs needing a flexible space to grow. The property includes 6.789 acres with more acreage available giving plenty of room for additions and more recreational expansions with features such as ample parking, a strong visibility, and space for new recreational services, outdoor outfitters, and river tourism. The area's growing appeal and less than 10 minute access to Denison, this is an excellent opportunity for investors and visionaries just a short distance to the rapidly growing Silicon Prairies of Sherman, Texas, Lake Texoma, Choctaw Casino and Resort, and just a little over an hour to the DFW Metroplex. Being a cherished local landmark perfect for starting a new business or developing a recreation-based venture, don't miss out on a once-in-a-generation opportunity to own and reimagine a true commercial treasure.
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,429
Additional Features
- Current uses include commercial
- Co-Op Water
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,429 | $39,706 | $3,979 | $35,727 |
| 2024 | $3,429 | $38,549 | $3,881 | $34,668 |
| 2023 | $3,429 | $37,427 | $3,493 | $33,934 |
| 2022 | $2,927 | $36,337 | $3,319 | $33,018 |
| 2021 | $2,849 | $35,279 | $3,539 | $31,740 |
| 2020 | $2,868 | $35,279 | $3,539 | $31,740 |
| 2019 | $2,902 | $35,682 | $3,539 | $32,143 |
| 2018 | $2,882 | $35,393 | $3,288 | $32,105 |
| 2017 | $2,821 | $34,703 | $2,247 | $32,456 |
| 2016 | $2,742 | $33,728 | $1,917 | $31,811 |
| 2015 | $2,749 | $33,728 | $1,917 | $31,811 |
| 2014 | $2,823 | $33,728 | $1,917 | $31,811 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/28/2025 07/28/25 | For Sale | $395,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $70,000 | None Listed On Document |
- 115 N Main St
- 489 Delphia Dr
- 4336 Carpenters Bluff Rd
- 340 E2250 Rd
- 320 Elmore Rd
- 0000 Carpenters Bluff Rd
- 1988 Elmore Rd
- 4489 E Fm 120
- 4489 E Farm To Market 120
- 1860 W Bumpass Rd
- 1700 Elmore Rd
- 206 N Main St
- 0 Bloomfield Rd
- 000 Church St
- 3091 E Fm 120
- 598 Stagecoach Trail
- 2550 Farm To Market Road 120
- 426 Gun Club Rd
- 4822 Fm 1753
- TBD E Fm 120
- 531 Coe Rd
- 752 Starr Rd
- 1058 E Owing St
- 1026 E Owings St
- 1025 E Owings St
- 732 E Morton St
- 727 E Gandy St
- 729 E Sears St
- 722 E Walker St
- 719 E Chestnut St
- 701 E Morton St
- 708 E Gandy St
- 701 E Crawford St
- 701 E Main St
- 619 E Sears St Unit 619 1/2
- 609 E Morton St
- 621 E Day St
- 610 E Shepherd St
- 519 E Gandy St
- 607 E Day St