Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lakefront RV Park with Storage Title is generated by Realmo AI

    128 Yellowstone Drive, Whitney, TX 76692

    View on Map
    Claim this Listing
    For Sale
    $800,000

    COMMERCIAL - Whitney, TX

    Property size:
    4,000 SF
    Lot size:
    4.52 Acres
    Price / SF:
    $200/SF
    Added:
    Jan 26, 2026
    Days on Market:
    130
    Last Refresh:
    Jun 5 at 12:06 am

    Property Features for 128 Yellowstone Drive

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Assigned
    Standard status
    Active
    APN
    394710
    Lot size
    4.52 Acres

    Taxes and HOA fees

    Tax Description
    J PUNCHARD A-7 TR 24 2.429 AC (LW RV)
    Tax Annual Amount
    4815

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public
    Water front features
    Lake Front, Waterfront
    Water front
    1

    Building Details

    Year built
    1990
    Floors in Building
    1
    Number of units
    54
    Flooring type
    Concrete
    Building materials
    AluminumSiding
    Roof type
    Metal

    We can help!

    Listing Contact
    Sherry Patterson

    Listing agent Sherry Patterson License #0663367

    Listing office Aspire Investments LLC Fort Worth, TX

    Listing date Jan 26, 2026

    MLS# 21004406

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1990‑built lakefront RV park on Lake Whitney with direct access to Corps of Engineers land and a private walking trail to the water
    • 54 total RV sites with full hookups: 30 pull‑through and 24 back‑in; all have concrete pads plus 30 & 50 amp power
    • Utilities include public water and public sewer; assigned parking and secure, coded entry gate
    • 4,000 SF clubhouse with banquet room for up to 50, full kitchen, coin‑operated pool table, two private rental suites, and laundry facilities
    • Additional income includes 15 uncovered RV/boat storage spots and 20 on‑site storage units (6x5, 10x10, and 10x20)
    • On‑site amenities include lighted concrete dance floor, covered veranda, and areas set up for picnics and grilling

    Overview

    This well-kept RV park sits on approximately 4.5 acres directly on Lake Whitney and offers direct access to U.S. Army Corps of Engineers land via a private walking trail leading to the water. The property features a secured, coded entry gate and 54 total RV sites with full hookups, including 30 pull-through and 24 back-in spaces. Each site is served by concrete pads, 30- and 50-amp power, and city water and sewer connections. On-site amenities include a 4,000-square-foot clubhouse with a banquet room that seats up to 50, a full kitchen, two private rental suites, laundry facilities, and restrooms with showers. The clubhouse also includes a pool table and additional kitchen space. Outside, there is a covered veranda, a lighted concrete dance floor, and picnic and grilling areas.

    The park’s location places it in the Whitney area between Dallas-Fort Worth and Austin, with a short drive off the interstate. It is one block from a grocery store with propane, two blocks from a Dollar General, and less than a mile to the nearby marina, with downtown Whitney about five minutes away.

    For buyers, this asset offers an operator-friendly setup with established RV income supported by additional revenue from 15 uncovered RV and boat storage spots and 20 on-site storage units in multiple sizes. The lakefront setting and existing mix of lodging, storage, and clubhouse rentals create flexibility for continued management and potential expansion of rental uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lake Life RV ... Campground & RV Park

    Suggested Use

    Restaurant Auto Repair Shop Hair Salon Auto Parts Store Department Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Whitney
    County
    Hill
    State
    Texas
    Longitude
    -97.389642
    Latitude
    31.949963

    Nearby Similar for Sale

    • $2,500,000

      Turnkey Bar and Restaurant

      Fully equipped bar and restaurant with updated interior and exterior improvements, positioned near Lake Whitney for steady demand.
      3261 Fm 933, Whitney, TX 76692
      View Details
    • $875,000
      13,362 SF

      Retail Property with Vacant Space

      Retail property with Family Dollar and vacant, remodeled space.
      309 S Bosque Street, Whitney, TX 76692
      View Details
    • $339,900

      Live-Work Office and Residence

      Versatile live-work setup with a climate-controlled workshop garage, reception space, private office, and business-ready frontage.
      5528 Fm 933, Whitney, TX 76692
      View Details
    • $2,750,000

      Lake-View Ranch with Development Potential

      Turnkey working ranch with a large home, livestock facilities, and elevated build sites with Lake Whitney views.
      338 Hcr 2124 Loop, Whitney, TX 76692
      View Details
    • $2,600,000

      Lake Whitney Resort Investment Opportunity

      Fifteen-unit complex in White Bluff Resort near Lake Whitney.
      17094 Trailwood Drive, Out Of Area, TX 76692
      View Details
    • $499,999

      Retail Smoke and Chew Shop

      Thriving smoke and chew retail space with expansion potential in a high-traffic corridor near established grocery and food retailers.
      1225 N Brazos Street, Whitney, TX 76692
      View Details
    • $609,900

      Commercial Land with Existing Buildings

      8-acre tract with highway frontage and multiple buildings, including a short-term rental and former automotive and flea market structures.
      1409 State Highway 22, Whitney, TX 76692
      View Details
    • $349,900
      600 SF

      Barndominium on 10+ Acres

      Barndominium with shop room near Lake Whitney.
      0000 State Hwy 22, Whitney, TX 76692
      View Details
    • $246,000
      1,472 SF

      Commercial Building in Growing Area

      Commercial building in Whitney, TX, suitable for office, salon, spa.
      213 S Bosque Street, Whitney, TX 76692
      View Details

    FAQs

    What type of property is this?
    Mobile home & RV park - Well-kept lakefront RV park with secured entry, full hookups, and multiple on-site income streams.
    Where is this mobile home & rv park located?
    The property is located at 128 Yellowstone Drive Whitney, TX.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: 1990‑built lakefront RV park on Lake Whitney with direct access to Corps of Engineers land and a private walking trail to the water; 54 total RV sites with full hookups: 30 pull‑through and 24 back‑in; all have concrete pads plus 30 & 50 amp power; Utilities include public water and public sewer; assigned parking and secure, coded entry gate
    (817) 822-2640
    We can help!
    Listing Contact
    Sherry Patterson
    Real Estate License ID: 0663367
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    128 Yellowstone Drive, Whitney, TX 76692
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!