RV Park and Motel Income
For Sale
$1,500,000
3033 S Us Highway 77 - Income Producing Property, La Grange, TX 78945
RV park with 30 sites offering 30/50-amp service, plus four motel rooms, a rental cabin, and an on-site office.
Property Size3,962 SF
Lot Size5.56 Acres
Price / SF$1,000
Days on Market107
Property Features for 3033 S Us Highway 77 - Income Producing Property
General Information
Standard status
Active
Size
3,962 SF
Lot size
5.56 Acres
Property subtype
Commercial
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$5,911
Building Details
Building Size
3,962 SF
Year Built
2015
Listing Agency:
Bridges Real Estate Group
(512) 922-2362
Listed By:
Patti Bridges
(512) 922-2362
Source:
Elliman
Added: Apr 27
Changed: Aug 7
Last Checked: Aug 10 at 8:35AM
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 Bridges Real Estate Group
Investment Insights
Based on property information with market context.
Suncatcher RV Park is an income-producing property on a 5.555-acre site and has operated under the same ownership for 20 years. The park features 30 RV sites with 30/50-amp service, including two pull-through overnight-only sites that have no electric meters. Also on site are a stand-alone rental cabin, four motel rooms, a laundry/shower facility, three septic systems, and an office housed in a portable building near the front of the park.
A residential home on the grounds is currently occupied by the owner and has recently been completely renovated. The property includes a 1,500-square-foot metal shop building used for park operations, with many included materials and equipment; the listing notes a Kubota tractor and a zero-turn mower among the items included. The residential homesite rent is reflected in current gross income as $763 per month, paid by check.
Two sites are reserved for overnight guests only, and the remaining sites serve as stopover accommodations rather than a destination. Inventory details for non-real estate items will be provided upon request.
A residential home on the grounds is currently occupied by the owner and has recently been completely renovated. The property includes a 1,500-square-foot metal shop building used for park operations, with many included materials and equipment; the listing notes a Kubota tractor and a zero-turn mower among the items included. The residential homesite rent is reflected in current gross income as $763 per month, paid by check.
Two sites are reserved for overnight guests only, and the remaining sites serve as stopover accommodations rather than a destination. Inventory details for non-real estate items will be provided upon request.
Key Highlights
- Suncatcher RV Park on a 5.555‑acre site, built 2015, operated under same ownership for 20 years
- 30 RV sites with 30/50‑amp service, including 2 overnighter‑only pull‑through sites with no electric meters
- On‑site income units: 4 motel rooms and a stand‑alone rental cabin
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
$53,865
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
3.59%
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%
$1,077,300
$1.1M
Cap Rate 7%
$769,500
$769.5K
Cap Rate 9%
$598,500
$598.5K
Market Conditions
NOI Build-Up for 1,500 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
$180.0K $120.00/SF
− Vacancy
−$66.6K −$44.40/SF
EGI
$113.4K $75.60/SF
− OpEx
−$59.5K −$39.69/SF
NOI
$53.9K $35.91/SF
Area
Fayette County, TX
Vacancy
37.00%
Lease Rate
$120.00 /SF/Yr
Expense Ratio
52.50%
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%
$1,077,300
Cap Rate 7%
$769,500
Cap Rate 9%
$598,500
Alternative Uses
Best Use
Apartment 5plus
$14.59M
$12.76M – $17.02M
NOI $1,021,049 @ 7.0% cap · market cap 68.07%
Second Best
Hotel Hospitality
$769.5K
$673.3K – $897.8K
NOI $53,865 @ 7.0% cap · market cap 3.59%
Theoretical Best
Multifamily LT 5
$16.82M
$14.72M – $19.62M
NOI $1,177,205 @ 7.0% cap · market cap 78.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
Demographics for 78945, TX
10,483
Population
5,461
Households
1.9
Avg Household Size
46
Median Age
31%
College-Educated
91%
High-School Grad
248.2 sq mi
ZIP Area
42
Density / Sq Mi
$76,221
Median Household Income
$40,180
Median Earnings
$747
Median Rent
$299,500
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 - RV park with 30 sites offering 30/50-amp service, plus four motel rooms, a rental cabin, and an on-site office.
Where is this mobile home & rv park located?
The property is located at 3033 S Us Highway 77 - Income Producing Property La Grange, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Suncatcher RV Park on a 5.555‑acre site, built 2015, operated under same ownership for 20 years; 30 RV sites with 30/50‑amp service, including 2 overnighter‑only pull‑through sites with no electric meters; On‑site income units: 4 motel rooms and a stand‑alone rental cabin
