RV Park with Nineteen Pad
For Sale
$475,000
1509 US Highway 380, Post, TX 79356
COMMERCIAL - Post, TX
Property Size2,800 SF
Lot Size2.52 Acres
Price / SF$169.64
Days on Market89
Property Features for 1509 US Highway 380
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
See CAD
Parking features
RV
Directions
GPS
Standard status
Active
APN
055033312310140000
Lot size
2.52 Acres
Taxes and HOA fees
Tax Description
AB 333 SEC 1231 BLK 55 J V MASSEY 2.516 ACRES
Tax Annual Amount
4995
Legal Description
AB 333 SEC 1231 BLK 55 J V MASSEY 2.516 ACRES
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1986
Floors in Building
1
Number of units
19
Flooring type
Laminate
Building materials
Brick
Roof type
Composition
Listing Agency:
BK Real Estate
(972) 677-9172
Listed By:
Harrison Sharp · License #0735232
(806) 281-8511
Added: May 18
Changed: Aug 4
Last Checked: Aug 14 at 4:06PM
MLS# 21267709
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.
Investment Insights
Based on property information with market context.
This RV park for sale on 2.516 acres features 19 total pad sites. Eight pads were added in 2022 and 2023, expanding the park’s capacity. The property also includes a duplex on site and offers on-site parking for RV users.
The duplex totals 2,800 SF and is split into two sides: one side is a 2 bed, 1 bath unit at 1,200 SF, and the other side is a 2 bed, 2 bath unit at 1,600 SF. Both units are currently leased. For utilities, the park is on city water and city electric and uses two 1,500-gallon septic tanks, with no gas on site.
The park’s improvements include brick construction and a composition roof. Heating and cooling are provided via central electric systems, with laminate flooring noted. The property sits off US Highway 380 in Post, TX, offering convenient highway access and proximity to downtown Post.
The duplex totals 2,800 SF and is split into two sides: one side is a 2 bed, 1 bath unit at 1,200 SF, and the other side is a 2 bed, 2 bath unit at 1,600 SF. Both units are currently leased. For utilities, the park is on city water and city electric and uses two 1,500-gallon septic tanks, with no gas on site.
The park’s improvements include brick construction and a composition roof. Heating and cooling are provided via central electric systems, with laminate flooring noted. The property sits off US Highway 380 in Post, TX, offering convenient highway access and proximity to downtown Post.
Key Highlights
- 2.516‑acre RV park with 19 pad sites, including eight added in 2022 and 2023
- Duplex on site totals 2,800 SF: 2 bed/1 bath (1,200 SF) and 2 bed/2 bath (1,600 SF)
- City water and city electric utility service, with no gas on site
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
$25,290
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
5.32%
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%
$505,800
$505.8K
Cap Rate 7%
$361,286
$361.3K
Cap Rate 9%
$281,000
$281.0K
Market Conditions
NOI Build-Up for 2,800 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
$25.3K $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%
$505,800
Cap Rate 7%
$361,286
Cap Rate 9%
$281,000
Alternative Uses
Best Use
Multifamily LT 5
$361.3K
$316.1K – $421.5K
NOI $25,290 @ 7.0% cap · market cap 5.32%
Second Best
Apartment 5plus
$324.4K
$283.9K – $378.5K
NOI $22,708 @ 7.0% cap · market cap 4.78%
Theoretical Best
Office A
$705.9K
$617.7K – $823.5K
NOI $49,412 @ 7.0% cap · market cap 10.40%
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
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 - 2.516-acre RV park with 19 pad sites and city water and city electric utilities
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: 2.516‑acre RV park with 19 pad sites, including eight added in 2022 and 2023; Duplex on site totals 2,800 SF: 2 bed/1 bath (1,200 SF) and 2 bed/2 bath (1,600 SF); City water and city electric utility service, with no gas on site
