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Tenant-Owned Mobile Home Community
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1202 Walnut St, Idalou, TX 79329

Stabilized community with direct-billed electric, city sewer, and private-well water.

Property SizeContact for details
Lot Size8.00 Acres
Days on Market130

Property Features for 1202 Walnut St

General Information

Standard status Active
Lot size 8.00 Acres
Property subtype Mobile Home Park
Occupancy 97%

Additional Details

Utilities to Site Yes
Listing Agency: eXp Commercial
Listed By: Armand Violi · License #SL3452154
Source: Crexi
Added: Apr 24 Changed: Aug 30 Last Checked: Aug 30 at 4:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Commercial

Investment Insights

Based on property information with market context.

Walnut Grove MHP is a mobile home community on approximately 8 acres in Idalou, Texas. The property includes 35 developed lots, with 34 occupied tenant-owned homes and one vacant lot available for infill. Occupancy is reported at 97%, and the tenant-owned home structure limits owner responsibility for housing improvements.

Electric service is billed directly to residents, sewer is provided through city service, and water is supplied by a private well. The property is located at 1202 Walnut St, just outside Lubbock, placing the community within the West Texas housing market. Rear excess land is also identified as part of the property, providing additional physical area beyond the developed lots.

Key Highlights

  • Approximately 8 acres in Idalou, TX
  • 35 developed lots with 34 occupied tenant‑owned homes
  • 97% occupancy across the community

Property Analytics

Current Use

Walnut Grove RV ... Campground & RV Park

Suggested Use

Top Pick Dental Office HVAC Service Building Supply Plumbing Service Auto Parts Store Hair Salon

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

97%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

58
Businesses Nearby

Demographics for 79329, TX

3,214
Population
1,473
Households
2.2
Avg Household Size
39
Median Age
25%
College-Educated
87%
High-School Grad
83.1 sq mi
ZIP Area
39
Density / Sq Mi
$74,150
Median Household Income
$41,437
Median Earnings
$682
Median Rent
$194,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Mobile home & RV park - Stabilized community with direct-billed electric, city sewer, and private-well water.
Where is this mobile home & rv park located?
The property is located at 1202 Walnut St Idalou, TX.
What are key features of this property?
This property features: Approximately 8 acres in Idalou, TX; 35 developed lots with 34 occupied tenant‑owned homes; 97% occupancy across the community
More about this property
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