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Canyon Lake Investment Opportunity
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40930 FM3159, Canyon Lake, TX 78133

Multifamily property with redevelopment potential on 6.47 acres.

Property SizeContact for details
Lot Size6.47 Acres
Days on Market283

Property Features for 40930 FM3159

General Information

Standard status Active
Lot size 6.47 Acres
Property subtype Mobile Home Park

Building Details

Units 64
Listing Agency: BCI
Listed By: Jonathan Cheung · License #TX 840153
Source: Crexi
Added: Jan 13 Changed: Oct 16 Last Checked: Oct 20 at 5:56PM

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 BCI

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Investment Insights

Based on property information with market context.

This property presents a multifamily investment opportunity on 6.47 acres of land. The property currently operates with annual leases and demonstrates a 6.24% current capitalization rate. There is potential for redevelopment and the addition of more units.

Key Highlights

  • 6.47 Acres Land
  • Redevelopment Opportunity
  • Potential to add more units

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

20
Businesses Nearby

Demographics for 78133, TX

20,787
Population
11,208
Households
1.9
Avg Household Size
52
Median Age
33%
College-Educated
94%
High-School Grad
75.5 sq mi
ZIP Area
275
Density / Sq Mi
$80,777
Median Household Income
$45,470
Median Earnings
$1,236
Median Rent
$300,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Multifamily property with redevelopment potential on 6.47 acres.
Where is this mobile home & rv park located?
The property is located at 40930 FM3159 Canyon Lake, TX.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: 6.47 Acres Land; Redevelopment Opportunity; Potential to add more units
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