Turnkey Mobile Home Park
For Sale
$2,125,000
1-16 Odessa St, Kingsland, TX 78639
Other commercial real estate
Property SizeContact for details
Lot Size1.95 Acres
Days on Market228
Property Features for 1-16 Odessa St
General Information
Standard status
Active
Property type
Other commercial real estate, Multifamily properties, Mobile home & RV parks
Lot size
1.95 Acres
Occupancy
90%
Building Details
Year Built
2024
Units
16
Listing Agency:
eXp Realty, LLC
Listed By:
Katie Simon · License #0685421
(512) 588-0094
Added: Jan 31
Changed: Mar 16
Investment Insights
Based on property information with market context.
This property presents an investment opportunity featuring 14 single-wide homes, each with three bedrooms and two bathrooms, and approximately 1,000 square feet of living space, situated on individual 0.10-acre lots. Additionally, there are two efficiency cabins on the premises. The mobile home park is well-maintained and reports a 90% occupancy rate, reflecting consistent rental demand within the Lake LBJ corridor. Each unit is rented for $1,400 per month, providing cash flow, with tenants responsible for their own utilities. Operating expenses average approximately 35% of the gross income. Investors can anticipate a 7% to 8% capitalization rate based on current figures, with potential for increased returns through rent adjustments or utility restructuring. The property is located near schools, shopping, and recreational facilities, benefiting from Kingsland’s population growth and the demand for affordable housing. This turnkey mobile home park offers income and stability in Central Texas.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
167
Businesses Nearby
Explore this area
Business Placement
Demographics for 78639, TX
8,365
Population
5,359
Households
1.6
Avg Household Size
51
Median Age
27%
College-Educated
88%
High-School Grad
43.9 sq mi
ZIP Area
191
Density / Sq Mi
$57,034
Median Household Income
$31,347
Median Earnings
$964
Median Rent
$249,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
Where is this commercial real estate located?
The property is located at 1-16 Odessa St Kingsland, TX.
What is the asking price?
The asking price for this property is $2,125,000.
