620 George Thomas road Texarkana, TX 75501

Building Details

Number of units

12

Listing Agency Better Homes & Gardens Real Estate Infinity Show Phone

4602 McKnight Rd, Texarkana, TX

Listed by Manju Pokhrel · License #SA00089685 Show Phone

Added: Feb 11 Updated: Jun 3 at 10:25 pm Checked: Jul 20 at 1:06 pm

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MLS# 200861

Copyright © 2026 Texarkana Board 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.

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Investment Insights

Based on property information with market context.

This mobile home park in Texarkana, TX, presents a manufactured housing investment opportunity in a quiet, peaceful setting. The property is 75% occupied and offers a 10.83% CAP rate. It comprises 12 individual units, each rented separately, providing diversified income streams. Currently, 9 units are occupied, 1 unit is being remodeled, and 2 units require renovation, offering immediate value-add upside. The property also includes additional land with septic systems already developed, allowing for the placement of more trailer homes and future expansion, creating an opportunity for increased density and cash flow. The property is situated on a lot of 8 acres.

Key Highlights

• High CAP Rate: Offers a 10.83% capitalization rate, indicating strong potential for return on investment.
• Value‑Add Opportunity: Two units require renovation and one is being remodeled, presenting immediate upside potential.
• Expansion Potential: Includes additional land with developed septic systems, allowing for future placement of more trailer homes.

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FAQs

What type of property is this?

Mobile home & RV park - Mobile home park with value-add potential in Texarkana, TX.

Where is this mobile home & rv park located?

The property is located at 620 George Thomas road Texarkana, TX.

What is the asking price?

The asking price for this property is $549,000.

What are key features of this property?

This property features: High CAP Rate: Offers a 10.83% capitalization rate, indicating strong potential for return on investment.; Value‑Add Opportunity: Two units require renovation and one is being remodeled, presenting immediate upside potential.; Expansion Potential: Includes additional land with developed septic systems, allowing for future placement of more trailer homes.