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Established RV Park with Expansion

1506 Ave D Ralls, TX 79357

1506 Ave D, Ralls, TX, 79357

$139,000

For Sale

$139,000

LAND - Ralls, TX

Property Size1,000 SF

Lot Size1.25 Acres

Price / SF$139

AddedSep 29, 2025

Days on Market289

Last RefreshJul 14 at 4:06 pm

Property Features for 1506 Ave D

General Information

Property type: Land
Property subtype: Other
Standard status: Active
APN: TAX ID NOT FOUND
Size: 1,000 SF
Lot size: 1.25 Acres

Taxes and HOA fees

Tax Description: Original Town Ralls, Block 4, Lot 1-2 subject to hwy easement, ALL of 3-4 & 8 .643 ACRES

Listing agent Callum Parnell License #0740106

Listing office Realty Refined 6401 107th Street, Ste 100, Lubbock, TX

Listing date Sep 29, 2025

MLS# 202561140 Listing URL

Copyright © 2026 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property is a well-established RV park located in Ralls, TX, presenting a business opportunity. The property includes 16 fully-equipped RV slots with room for future expansion. A 500 sq. ft. mobile home is included, suitable for use as an office or on-site residence. Additionally, there is a 1,000 sq. ft. building that offers potential for adding a laundry facility or other services. The property is fully fenced, providing security and privacy. The RV park is conveniently located close to local amenities, including a grocery store, restaurants, and shopping. The lot size is 1.25 acres.

Key Highlights

Established RV park with 16 fully‑equipped slots and room for expansion.
Includes a 500 sq. ft. mobile home suitable for office or on‑site residence.
Features a 1,000 sq. ft. building with potential for laundry or other guest services.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$15.7k	$15.72
− Vacancy	−$975	−$0.97
EGI	$14.7k	$14.75
− OpEx	−$6.6k	−$6.64
NOI	$8.1k	$8.11

1,000 SF · lease $15.72/SF/yr · vacancy 6.20% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$115.9K

$101.4K – $135.2K (±1% cap)

NOI $8,110 @ 7.0% cap · market cap 5.83%

Second Best

—

no second resolved use

Theoretical Best

Office A

$252.1K

$220.6K – $294.1K (±1% cap)

NOI $17,647 @ 7.0% cap · market cap 12.70%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

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For sale
Mobile home & RV parks
TX
Ralls
79357
1506 Ave D

What type of property is this?

Mobile home & RV park - Well-established RV park in Ralls, TX with expansion potential.

Where is this mobile home & rv park located?

The property is located at 1506 Ave D Ralls, TX.

What is the asking price?

The asking price for this property is $139,000.

What are key features of this property?

This property features: Established RV park with 16 fully‑equipped slots and room for expansion.; Includes a 500 sq. ft. mobile home suitable for office or on‑site residence.; Features a 1,000 sq. ft. building with potential for laundry or other guest services.