RV Park with
For Sale
$475,000
1509 Us Highway 380, Post, TX 79356
Highway-connected park includes residential units, municipal utilities, and onsite septic infrastructure.
Property Size2,794 SF
Price / SF$170.01
Days on Market22
Property Features for 1509 Us Highway 380
General Information
Standard status
Active
Size
2,794 SF
Total Parking Spaces
19
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 2BR/1BA, 1 x 2BR/2BA
Multifamily Units
2
Building Details
Year Built
1986
Buildings
1
Listing Agency:
BK Real Estate
(972) 677-9172
Listed By:
Harrison Sharp · License #0735232
Source:
Yourdavisteam
Added: Aug 8
Changed: Aug 28
Last Checked: Aug 28 at 8:46AM
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 BK Real Estate
Investment Insights
Based on property information with market context.
This RV park includes 19 pads across more than 2.5 acres, with 8 pads added during 2022 and 2023. The property also contains a 2,800-square-foot duplex built in 1986. One residence offers 2 bedrooms and 1 bath within 1,200 square feet, while the second provides 2 bedrooms and 2 baths across 1,600 square feet.
The site is accessed from Highway 380 and is located minutes from downtown Post. Infrastructure includes new water lines connected to city water, city electric service, and two 1,500-gallon septic tanks. The property does not have gas service. Both duplex residences are currently leased.
The site is accessed from Highway 380 and is located minutes from downtown Post. Infrastructure includes new water lines connected to city water, city electric service, and two 1,500-gallon septic tanks. The property does not have gas service. Both duplex residences are currently leased.
Key Highlights
- 19 RV pads on more than 2.5 acres
- 8 pads added in 2022 and 2023
- 2,800‑square‑foot duplex with two 2‑bedroom residences
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,236
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.31%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$504,720
$504.7K
Cap Rate 7%
$360,514
$360.5K
Cap Rate 9%
$280,400
$280.4K
Market Conditions
NOI Build-Up for 2,794 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$38.6K $13.80/SF
− Vacancy
−$2.5K −$0.90/SF
EGI
$36.1K $12.90/SF
− OpEx
−$10.8K −$3.87/SF
NOI
$25.2K $9.03/SF
Area
Garza County, TX
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$504,720
Cap Rate 7%
$360,514
Cap Rate 9%
$280,400
Alternative Uses
Best Use
Multifamily LT 5
$360.5K
$315.5K – $420.6K
NOI $25,236 @ 7.0% cap · market cap 5.31%
Second Best
Apartment 5plus
$323.7K
$283.2K – $377.7K
NOI $22,659 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$704.4K
$616.3K – $821.8K
NOI $49,306 @ 7.0% cap · market cap 10.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 79356, TX
5,695
Population
1,892
Households
3
Avg Household Size
40
Median Age
10%
College-Educated
68%
High-School Grad
824.1 sq mi
ZIP Area
7
Density / Sq Mi
$48,466
Median Household Income
$29,821
Median Earnings
$784
Median Rent
$83,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Highway-connected park includes residential units, municipal utilities, and onsite septic infrastructure.
Where is this mobile home & rv park located?
The property is located at 1509 Us Highway 380 Post, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 19 RV pads on more than 2.5 acres; 8 pads added in 2022 and 2023; 2,800‑square‑foot duplex with two 2‑bedroom residences
