15-Unit Home
For Sale
$1,147,500
430 CR 311, Tyler, TX 75708
MULTI_FAMILY - Tyler, TX
Property Size9,873 SF
Lot Size24.97 Acres
Price / SF$116.23
Days on Market119
Property Features for 430 CR 311
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Planned Unit Residential
Bedrooms
7
Bathrooms
7
Full bathrooms
7
Rooms
Bathroom 3, Bedroom 2, Bathroom 4, Bedroom 4, Bedroom 6, Bedroom 7, Bathroom 1, Bathroom 5, Bathroom 2, Bathroom 6, Bedroom 5, Bedroom 1, Bedroom 3, Bathroom 7
Subdivision
A100009 - A0009 E FLORES
Elementary school
Winona
Middle school
Winona
High school
Winona
Directions
From Longview, take I-20 towards Dallas. Exit 562 Hawkins/Tyler. Take right on FM 14. Go 0.2 miles. Take a right on CR 311. Go 0.2 miles. Property is on the right.
Standard status
Active
Size
9,873 SF
Lot size
24.97 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
10000
Utilities
Heating system
Electric (Heating), Central
Cooling system
Electric, Window Unit(s), Central Air
Building Details
Year built
2022
Number of units
15
Building materials
Alum/Vinyl Siding, Metal
Listing Agency:
Texas Real Estate Executives-Gilmer
(903) 680-4663
Listed By:
Cathy Daniels · License #0502250
(903) 680-4663
Added: Apr 8
Changed: Aug 3
Last Checked: Aug 4 at 7:06AM
MLS# 26004801
Copyright © 2026 Greater Tyler Association of Realtors. 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 24.965-acre property in Tyler features an established 15-unit home park. The unit mix includes tiny homes, manufactured homes, and FEMA trailers, providing multiple housing formats within a single community. The property is outside the city limits and is located within the Winona School District.
Construction materials include alum/vinyl siding and metal. The homes are served by electric heating (including central) and electric cooling with both central air and window unit(s).
Built in 2022, the property combines a dedicated home park layout with room for continued expansion and programmatic use of the site.
Construction materials include alum/vinyl siding and metal. The homes are served by electric heating (including central) and electric cooling with both central air and window unit(s).
Built in 2022, the property combines a dedicated home park layout with room for continued expansion and programmatic use of the site.
Key Highlights
- 15‑unit home park with tiny homes, manufactured homes, and FEMA trailers
- 24.965‑acre property outside the city limits
- Winona School District location
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $159.9k | $16.20 |
| − Vacancy | −$8.0k | −$0.81 |
| EGI | $151.9k | $15.39 |
| − OpEx | −$68.4k | −$6.93 |
| NOI | $83.6k | $8.46 |
9,873 SF · lease $16.20/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.19M
$1.04M – $1.39M
NOI $83,570 @ 7.0% cap · market cap 7.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.20M
$1.93M – $2.57M
NOI $154,253 @ 7.0% cap · market cap 13.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Explore this area
Business Placement
Demographics for 75708, TX
8,294
Population
3,585
Households
2.3
Avg Household Size
33
Median Age
8%
College-Educated
65%
High-School Grad
56.5 sq mi
ZIP Area
147
Density / Sq Mi
$81,500
Median Household Income
$37,087
Median Earnings
$865
Median Rent
$131,100
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?
Mobile home & RV park - Established 15-unit home park with a mix of tiny homes, manufactured homes, and FEMA trailers in the Winona School District.
Where is this mobile home & rv park located?
The property is located at 430 CR 311 Tyler, TX.
What is the asking price?
The asking price for this property is $1,147,500.
What are key features of this property?
This property features: 15‑unit home park with tiny homes, manufactured homes, and FEMA trailers; 24.965‑acre property outside the city limits; Winona School District location
