Manufactured Home
For Sale
$975,000
6311 FM 920, Bridgeport, TX 76426
Seven individually metered homes with separate septic systems occupy a site outside Bridgeport city limits.
Property Size9,864 SF
Lot Size3.03 Acres
Price / SF$98.84
Days on Market48
Property Features for 6311 FM 920
General Information
Standard status
Active
Size
9,864 SF
Lot size
3.03 Acres
Property subtype
Business
Net Operating Income
$99,630
Additional Details
Utilities to Site
Yes
Multifamily Units
7
Building Details
Year Built
2020
Buildings
7
Construction
manufactured
Listing Agency:
eXp Realty LLC
(888) 519-7431
Listed By:
Steven Andognini · License #0768806
(817) 689-9084
Source:
Lonestarluxuryrealty
Added: Sep 13
Changed: Oct 29
Last Checked: Oct 28 at 7:53AM
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 eXp Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This rental property includes seven manufactured homes built in 2020 across two adjoining parcels. The homes are offered together, and each has its own electric meter and septic system. Current leases are month to month, while the homes are described as well maintained and currently operating as an established rental portfolio.
The land totals approximately 3.025 acres, comprising an approximately 2.630-acre parcel and an adjoining 0.395-acre parcel. The property is located at 6311 FM 920 in Bridgeport, Texas, outside the city limits. All seven homes are included as separate property. The site may accommodate additional manufactured homes or other expansion, subject to verification of regulations, utilities, septic capacity, and required approvals. The listed property size is 9,864 square feet.
The land totals approximately 3.025 acres, comprising an approximately 2.630-acre parcel and an adjoining 0.395-acre parcel. The property is located at 6311 FM 920 in Bridgeport, Texas, outside the city limits. All seven homes are included as separate property. The site may accommodate additional manufactured homes or other expansion, subject to verification of regulations, utilities, septic capacity, and required approvals. The listed property size is 9,864 square feet.
Key Highlights
- Seven manufactured homes included in one transaction
- Two contiguous parcels totaling approximately 3.025 acres
- Each home has its own electric meter and septic system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,598
Cap Rate
6.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,291,960
$1.3M
Cap Rate 7%
$922,829
$922.8K
Cap Rate 9%
$717,756
$717.8K
Market Conditions
NOI Build-Up for 9,864 SF
Gross rent
$133.2K $13.50/SF
− Vacancy
−$15.7K −$1.59/SF
EGI
$117.5K $11.91/SF
− OpEx
−$52.9K −$5.36/SF
NOI
$64.6K $6.55/SF
Area
Wise County, TX
Vacancy
11.80%
Lease Rate
$13.50 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,291,960
Cap Rate 7%
$922,829
Cap Rate 9%
$717,756
Alternative Uses
Best Use
Apartment 5plus
$922.8K
$807.5K – $1.08M
NOI $64,598 @ 7.0% cap · market cap 6.63%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$7.43M
$6.50M – $8.67M
NOI $520,079 @ 7.0% cap · market cap 53.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
7
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Explore this area
Business Placement
Demographics for 76426, TX
11,727
Population
4,435
Households
2.6
Avg Household Size
39
Median Age
23%
College-Educated
82%
High-School Grad
130.9 sq mi
ZIP Area
90
Density / Sq Mi
$84,759
Median Household Income
$40,995
Median Earnings
$1,172
Median Rent
$257,500
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
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Seven individually metered homes with separate septic systems occupy a site outside Bridgeport city limits.
Where is this mobile home & rv park located?
The property is located at 6311 FM 920 Bridgeport, TX.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Seven manufactured homes included in one transaction; Two contiguous parcels totaling approximately 3.025 acres; Each home has its own electric meter and septic system
