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5198 Chaparral Rd, Killeen, TX 76542

Two all-age communities provide public water and a private percolator sewer system, with 101 total sites.

Property SizeContact for details
Days on Market121

Property Features for 5198 Chaparral Rd

General Information

Standard status Active
Property subtype Mobile Home Park
Occupancy 93%

Additional Details

Utilities to Site Yes
Multifamily Units 101
Listing Agency: Sunstone Real Estate Advisors
Listed By: Kolman Bubis · License #IL 475173212
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 7:38AM

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.

This two-property portfolio offers all-age communities totaling 101 sites. The communities are serviced by public water and a percolator private sewer system, supporting on-site operations across both assets. The portfolio includes 24 park-owned homes, with 22 currently operated as RCP/rentals, plus 1 vacant park-owned home and 1 additional site built home that must be purchased in conjunction with the real estate.

The two communities are approximately a 10-minute drive from one another and are each about 10 miles from Fort Hood, Lions Club Park, and Central Texas College.

The portfolio is operating at 93% occupancy, with average site rents stated at $378 per month. A $15 rent increase is scheduled to take effect on June 1, 2022.

Key Highlights

  • Two all‑age communities portfolio in Killeen and Salado, totaling 101 sites
  • Currently 93% occupancy with average site rents of $378 per month
  • Per‑unit rent increase of $15 per month scheduled to begin June 1, 2022

Property Analytics

Current Use

Oak Creek & Cedar ... Campground & RV Park

Suggested Use

Top Pick HVAC Service Real Estate Agency (Bike/Boat/Book/etc) Store Catering Service Restaurant Daycare Center

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

101
Residential units
93%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

21
Businesses Nearby

Demographics for 76542, TX

53,312
Population
21,027
Households
2.5
Avg Household Size
32
Median Age
29%
College-Educated
94%
High-School Grad
63.0 sq mi
ZIP Area
846
Density / Sq Mi
$72,891
Median Household Income
$42,506
Median Earnings
$1,237
Median Rent
$228,500
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 - Two all-age communities provide public water and a private percolator sewer system, with 101 total sites.
Where is this mobile home & rv park located?
The property is located at 5198 Chaparral Rd Killeen, TX.
What are key features of this property?
This property features: Two all‑age communities portfolio in Killeen and Salado, totaling 101 sites; Currently 93% occupancy with average site rents of $378 per month; Per‑unit rent increase of $15 per month scheduled to begin June 1, 2022
More about this property
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