Manufactured Housing Development
For Sale
Contact for pricing
3607 Satterwhite Rd, Buda, TX 78610
Large-scale development site planned for 550 manufactured home locations with infrastructure and amenities.
Property SizeContact for details
Days on Market131
Property Features for 3607 Satterwhite Rd
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Sunstone Real Estate Advisors
Listed By:
Kolman Bubis · License #471.001148
Source:
Crexi
Added: Apr 1
Changed: Aug 8
Last Checked: Jul 21 at 3:29PM
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 Sunstone Real Estate Advisors
Investment Insights
Based on property information with market context.
Sunstone Real Estate Advisors presents a merchant-built development or joint venture opportunity for a 550-site manufactured housing community in Buda, Texas. The plan is structured around delivering finished home sites, along with the required infrastructure and community amenities, rather than acquiring and holding raw land. The sponsor also offers the option to remain involved longer term to carry the project through full lease-up.
The development contemplates phased absorption to reach approximately 95.5% stabilized occupancy (525 homes) by Year 5. Projected lot rent growth is provided in the materials, with average lot rents increasing from $800 per month in Year 1 to $1,050 per month by Year 5, reflecting demand for affordable housing within the Austin–Round Rock–Georgetown metropolitan area.
Revenue and NOI projections are included in the offering materials, with revenue projected to grow from approximately $1.15 million in Year 1 to $6.58 million by Year 5, and Net Operating Income projected to expand from approximately $409,000 in Year 1 to $5.24 million by Year 5 as the community stabilizes.
The development contemplates phased absorption to reach approximately 95.5% stabilized occupancy (525 homes) by Year 5. Projected lot rent growth is provided in the materials, with average lot rents increasing from $800 per month in Year 1 to $1,050 per month by Year 5, reflecting demand for affordable housing within the Austin–Round Rock–Georgetown metropolitan area.
Revenue and NOI projections are included in the offering materials, with revenue projected to grow from approximately $1.15 million in Year 1 to $6.58 million by Year 5, and Net Operating Income projected to expand from approximately $409,000 in Year 1 to $5.24 million by Year 5 as the community stabilizes.
Key Highlights
- Planned 550‑site manufactured housing development in Buda, Texas, within the Austin–Round Rock–Georgetown metro area.
- Merchant‑built structure: developer delivers finished home sites, infrastructure, and amenities (instead of acquiring raw land).
- Phased absorption plan targeting ~95.5% stabilized occupancy (525 homes) by Year 5.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Explore this area
Business Placement
Demographics for 78610, TX
45,134
Population
17,271
Households
2.6
Avg Household Size
35
Median Age
42%
College-Educated
91%
High-School Grad
96.9 sq mi
ZIP Area
466
Density / Sq Mi
$110,417
Median Household Income
$58,770
Median Earnings
$1,736
Median Rent
$379,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Large-scale development site planned for 550 manufactured home locations with infrastructure and amenities.
Where is this residential land & home lot located?
The property is located at 3607 Satterwhite Rd Buda, TX.
What are key features of this property?
This property features: Planned 550‑site manufactured housing development in Buda, Texas, within the Austin–Round Rock–Georgetown metro area.; Merchant‑built structure: developer delivers finished home sites, infrastructure, and amenities (instead of acquiring raw land).; Phased absorption plan targeting ~95.5% stabilized occupancy (525 homes) by Year 5.
