Multifamily Property with RV Park
For Sale
$995,000
4126 County Road 4111, Campbell, TX 75422
ResidentialIncome, Campbell, TX
Property Size6,015 SF
Lot Size12.38 Acres
Price / SF$165.42
Days on Market48
Property Features for 4126 County Road 4111
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
11
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 8, Bathroom 4, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2, Bathroom 8, Bedroom 6, Bedroom 1, Bedroom 9, Bedroom 11, Bedroom 7, Bathroom 3, Bathroom 7, Bathroom 5, Bedroom 5, Bathroom 6, Bedroom 4, Bedroom 10
Parking
12
Parking features
Driveway
Patio and Porch features
Deck
Interior features
EatInKitchen, InLawFloorplan, KitchenIsland, MultipleStaircases, OpenFloorplan
Exterior features
Storage
Appliances
ElectricRange
Lot features
Acreage, Many Trees, Wooded
Elementary school
Campbell
Middle school
Campbell
High school
Campbell
Elementary school district
Campbell ISD
Middle school district
Campbell ISD
High school district
Campbell ISD
Directions
From I-30 take Hwy 24N. Then go North on CR 4122 to CR 4111. Property will be on north side of the road.
Standard status
Active
APN
23488
Size
6,015 SF
Lot size
12.38 Acres
Taxes and HOA fees
Tax Description
A0240 DALE CHARLES C, TRACT 1, ACRES 12.376
Tax Annual Amount
6399
Legal Description
A0240 DALE CHARLES C, TRACT 1, ACRES 12.376
Utilities
Sewer type
Septic Tank, Aerobic Septic
Heating system
Electric (Heating)
Cooling system
Central Air, Zoned, Multi Units, Electric
Water source
Well
Building Details
Year built
2007
Floors in Building
2
Number of units
4
Flooring type
Concrete, Vinyl
Building materials
MetalSiding, WoodSiding
Roof type
Shingle, Metal
Additional Structures
Storage
Listing Agency:
Bryan Brannies
(469) 450-2392
Listed By:
Bryan Brannies · License #9013288
(972) 370-4404
Added: Jul 24
Changed: Sep 6
Last Checked: Sep 9 at 6:06AM
MLS# 21337443
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 12.376-acre multifamily property includes 6,015 square feet of residential improvements and four occupied units. The existing housing consists of a one-bedroom cottage, two remodeled three-bedroom double-wide homes, and a two-story metal barndominium. The barndominium includes a three-bedroom, two-bath living area with balcony above, plus a ground-floor guest suite with kitchenette, garage, and covered patio. The double-wide residences were renovated in 2023.
The property is zoned and entitled for a 58-site RV park, with engineering plans included in the sale. Improvements are supported by varied utility systems, including Campbell Water Supply, a private water well, aerobic septic tanks, and a lateral line septic system. Additional features include central air, electric heating, vinyl and concrete flooring, storage, driveways, decks, and a combination of shingle and metal roofing. The property is located in Hunt County near Campbell, Texas.
The property is zoned and entitled for a 58-site RV park, with engineering plans included in the sale. Improvements are supported by varied utility systems, including Campbell Water Supply, a private water well, aerobic septic tanks, and a lateral line septic system. Additional features include central air, electric heating, vinyl and concrete flooring, storage, driveways, decks, and a combination of shingle and metal roofing. The property is located in Hunt County near Campbell, Texas.
Key Highlights
- 12.376‑acre tract with 6,015 square feet of residential improvements
- Zoned and entitled for a 58‑site RV park
- Engineering plans for the approved RV park convey with the sale
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
$91,464
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
9.19%
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%
$1,829,280
$1.8M
Cap Rate 7%
$1,306,629
$1.3M
Cap Rate 9%
$1,016,267
$1.0M
Market Conditions
NOI Build-Up for 6,015 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
$186.2K $30.96/SF
− Vacancy
−$19.9K −$3.31/SF
EGI
$166.3K $27.65/SF
− OpEx
−$74.8K −$12.44/SF
NOI
$91.5K $15.21/SF
Area
Hunt County, TX
Vacancy
10.70%
Lease Rate
$30.96 /SF/Yr
Expense Ratio
45.00%
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%
$1,829,280
Cap Rate 7%
$1,306,629
Cap Rate 9%
$1,016,267
Alternative Uses
Best Use
Apartment 5plus
$1.31M
$1.14M – $1.52M
NOI $91,464 @ 7.0% cap · market cap 9.19%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$5.98M
$5.23M – $6.97M
NOI $418,381 @ 7.0% cap · market cap 42.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
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 75422, TX
2,902
Population
1,226
Households
2.4
Avg Household Size
44
Median Age
23%
College-Educated
83%
High-School Grad
67.8 sq mi
ZIP Area
43
Density / Sq Mi
$64,938
Median Household Income
$33,340
Median Earnings
$1,148
Median Rent
$205,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Multifamily property - Occupied residences provide current rental use alongside approved RV park plans.
Where is this multifamily property located?
The property is located at 4126 County Road 4111 Campbell, TX.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 12.376‑acre tract with 6,015 square feet of residential improvements; Zoned and entitled for a 58‑site RV park; Engineering plans for the approved RV park convey with the sale
