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RV Park with Leased Home
For Sale
$975,000

406 F M 1585, Lubbock, TX 79423

COMMERCIAL - Lubbock, TX

Property Size2,430 SF
Lot Size5.00 Acres
Price / SF$401.23
Days on Market196

Property Features for 406 F M 1585

General Information

Property type Commercial Sale
Property subtype Other
Security features Security Lighting
Fencing Fenced
Lot features Cleared, Open Lot, Rectangular Lot, Level
Elementary school district Lubbock-Cooper ISD
Middle school district Lubbock-Cooper ISD
High school district Lubbock-Cooper ISD
Directions .2 Miles East of Interstate 27 on FM 1585.
Subdivision 10
Standard status Active
APN R166204
Size 10 SF
Lot size 5.00 Acres

Taxes and HOA fees

Tax Description BLK E SEC 18 AB 82 TR A5A AC: 1
Tax Annual Amount 3633
Legal Description BLK E SEC 18 AB 82 TR A5A AC: 1

Utilities

Utilities Water Available
Sewer type Septic Tank
Water source Well

Building Details

Flooring type Carpet, Vinyl
Building materials Brick
Roof type Metal, Composition
Listing Agency: Dannheim Realty
Listed By: Chuck Dannheim · License #0591961
Added: Jan 30 Changed: Aug 5 Last Checked: Aug 14 at 5:06PM
MLS# 202601339

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 for-sale property on FM 1585 in Lubbock, TX is configured as an RV park with a leased residential home and a metal outbuilding. The property includes a 2,430-square-foot house with 3 bedrooms, 2 bathrooms, an office, and a 2-car garage; the home is currently leased at $1,525 per month. There is also a 5-bay metal building with four open bays and one enclosed bay with a door, plus small livestock pens.

The RV park currently has 13 RV spots leased at $420 each. The listing notes near 100% occupancy, and that tenants pay electricity while water is provided via a water well.

The remarks further state that there is future Loop 88 frontage and a TXDOT acquisition of the house and frontage acreage, with an attached TXDOT acquisition map indicating timing in the near future.

Key Highlights

  • 2,430 SF house with 3 bedrooms, 2 bathrooms, an office (or potential 4th bedroom), and a 2‑car garage
  • Currently leased at $1,525/month
  • 5 acres with fenced property, well water, and septic tank sewer

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Electrical Service Garden Center Real Estate Agency Kitchen & Bath Showroom Home Appliance Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby

Demographics for 79423, TX

42,311
Population
18,463
Households
2.3
Avg Household Size
35
Median Age
38%
College-Educated
94%
High-School Grad
64.2 sq mi
ZIP Area
659
Density / Sq Mi
$82,906
Median Household Income
$45,520
Median Earnings
$1,284
Median Rent
$222,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - 5-acre RV park includes 13 leased RV spots, a 3-bedroom home, and a 5-bay metal building.
Where is this mobile home & rv park located?
The property is located at 406 F M 1585 Lubbock, TX.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 2,430 SF house with 3 bedrooms, 2 bathrooms, an office (or potential 4th bedroom), and a 2‑car garage; Currently leased at $1,525/month; 5 acres with fenced property, well water, and septic tank sewer
More about this property
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