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Manufactured Housing Mobile Park
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500 Houston Street, Killeen, TX 76541

33-site manufactured housing community with tenant-owned homes and vacant sites for lease-up.

Property SizeContact for details
Lot Size4.21 Acres
Days on Market104

Property Features for 500 Houston Street

General Information

Standard status Active
Class C
Lot size 4.21 Acres
Property subtype Multifamily, Mobile Home Park
Occupancy 92%
Investment Type Value Add

Additional Details

Multifamily Units 22

Building Details

Year Built 1980
Units 33
Tenancy Multi
Listing Agency: CBRE - Houston Galleria
Listed By: Will Shealy · License #732835-SA
Source: Crexi
Added: May 27 Changed: Aug 27 Last Checked: Sep 7 at 7:00AM

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 CBRE - Houston Galleria

Investment Insights

Based on property information with market context.

Nolan Creek Mobile Park is a 33-site manufactured housing community in Bell County. The park is situated on approximately 4.21 acres and is currently 67% occupied, with 22 tenant-owned homes in place. Vacant sites remain available for additional tenants, supporting ongoing occupancy expansion as homes are placed in the community.

The property is located at 500 Houston St, Killeen, TX 76541, within the Killeen-Temple metropolitan area. Ownership of a manufactured housing community like this can appeal to investors and operators looking for a community-focused rental structure where residents own their homes.

For buyers seeking a manufactured housing platform, the presence of existing tenant-owned homes provides established tenancy, while remaining vacant sites can offer room to bring additional homes into place over time. This asset type is typically well-suited for investors or operators experienced in manufactured housing community operations, tenant placement, and community management.

Key Highlights

  • 33‑site manufactured housing community at 500 Houston St, Killeen, TX 76541
  • Located on approximately 4.21 acres in Bell County within the Killeen–Temple metropolitan area
  • Currently 67% occupied with 22 tenant‑owned homes in place

Property Analytics

Current Use

Nolan creek mobile ... Campground & RV Park

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Tanning Salon Catering Service Electrical Service Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

22
Residential units

Location Intelligence

Trade Area within ½ mile

1,279
Businesses Nearby

Demographics for 76541, TX

19,641
Population
10,207
Households
1.9
Avg Household Size
32
Median Age
12%
College-Educated
83%
High-School Grad
4.9 sq mi
ZIP Area
4,008
Density / Sq Mi
$36,739
Median Household Income
$27,869
Median Earnings
$858
Median Rent
$97,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - 33-site manufactured housing community with tenant-owned homes and vacant sites for lease-up.
Where is this mobile home & rv park located?
The property is located at 500 Houston Street Killeen, TX.
What is the asking price?
The asking price for this property is $790,000.
What are key features of this property?
This property features: 33‑site manufactured housing community at 500 Houston St, Killeen, TX 76541; Located on approximately 4.21 acres in Bell County within the Killeen–Temple metropolitan area; Currently 67% occupied with 22 tenant‑owned homes in place
More about this property
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