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    10537 Fm 616 Lolita, TX 77971

    For Sale
    $230,000

    15 RV Spots + Furnished Home, Great ROI

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional investment opportunity in Lolita, Texas, presents a unique blend of commercial and residential income potential. Situated on a 0.96-acre lot, the property boasts 15 established RV spots, ideal for accommodating traveling workers or long-term residents. Adding to its versatility, a fully furnished manufactured home provides substantial rental income. This home is designed for multiple occupancy, comfortably housing four separate tenants. Each tenant enjoys a private bedroom, bathroom, sink vanity, and shower, ensuring privacy and convenience. Shared amenities include a fully equipped kitchen, dining area, and laundry facilities (washer and dryer). A spacious shared porch and yard offer ample outdoor space for relaxation and parking. The property's strategic location, approximately 11 miles from Formosa Plastics and 20 miles from the coast, positions it to benefit from the area's economic growth and increasing demand for housing. The proximity to major employers makes this an attractive option for workers seeking convenient and comfortable accommodations. This property presents a strong investment opportunity with potential for significant returns. The combination of RV spots and a multi-unit manufactured home provides diverse income streams, making it an attractive asset in a growing market. The property is priced at $230,000.

    Property Features for 10537 Fm 616

    General Information

    Property type
    Other commercial real estate
    Lot Size
    41,818 SF

    Building Details

    Year Built
    2019
    Property Profile Location Intelligence

    Current Use by Public Records

    Lolita RV Park Rv Park

    Suggested Use

    Restaurant Tailor Shop Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lolita
    County
    Jackson
    State
    Texas
    Longitude
    -96.54608
    Latitude
    28.84012

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    FAQs

    What type of property is this?
    Commercial real estate - 15 RV Spots + Furnished Home, Great ROI
    Where is this commercial real estate located?
    The property is located at 10537 Fm 616 Lolita, TX.
    What is the asking price?
    The asking price for this property is $230,000.
    (703) 338-1515
    Request Owner's contact information
    10537 Fm 616 Lolita, TX 77971
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    Lolita, TX 77971
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10537 Fm 616 Lolita, TX 77971
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