Seven-Home Manufactured Housing
6311 FM 920, Bridgeport, TX 76426
For Sale
$975,000
CommercialSale, Bridgeport, TX
Property Size9,864 SF
Lot Size3.03 Acres
Price / SF$98.84
Days on Market63
Property Features for 6311 FM 920
General Information
Property type
Property subtype
Zoning description
Parking features
Subdivision
Directions
Standard status
APN
Size
Lot size
Units
Park-Owned Homes
Individually Metered Utilities
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Building Details
Year built
Floors in Building
Number of units
Roof type
Buildings
Listing Agency:
eXp Realty LLC
Listed By:
Steven Andognini · License TX #0768806
(888) 519-7431
Added: Sep 11
Changed: Nov 12
Last Checked: Nov 12 at 7:06PM
MLS# 21383829
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.
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Investment Insights
Based on property information with market context.
This manufactured housing property includes seven park-owned homes across two contiguous parcels totaling approximately 3.025 acres outside Bridgeport city limits. The homes contain approximately 9,864 square feet in total, with three to four bedrooms and two bathrooms each. Reported manufacture dates range from 1994 to 2021; five homes date to 2001 or earlier. Updates include roofs, HVAC systems, appliances, paint, and vinyl plank flooring, with further work completed at several homes in 2024 and 2026.
Each residence has its own electric meter and septic system. The homes are served by central heating and air conditioning, and reported roof types include composition, mixed, and metal. Current leases are month-to-month. The rent roll schedules $112,800 in annual rent, and owner records show 2025 actual NOI of $73,727 with a 7.56% cap rate. Additional acreage may be suitable for more homes, subject to approvals and infrastructure capacity.
Each residence has its own electric meter and septic system. The homes are served by central heating and air conditioning, and reported roof types include composition, mixed, and metal. Current leases are month-to-month. The rent roll schedules $112,800 in annual rent, and owner records show 2025 actual NOI of $73,727 with a 7.56% cap rate. Additional acreage may be suitable for more homes, subject to approvals and infrastructure capacity.
Key Highlights
- Seven park‑owned manufactured homes on approximately 3.025 acres across two contiguous parcels
- Approximately 9,864 square feet in total; homes have 3 to 4 bedrooms and 2 bathrooms each
- Reported manufacture dates span 1994 to 2021; five homes date to 2001 or earlier
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
Office A
$3.47M
$3.04M – $4.05M
NOI $242,891 @ 7.0% cap · market cap 24.91%
Zoning and permitted uses should be independently verified with authorities.
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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
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Three- and four-bedroom homes have individual electric meters and septic systems.
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 park‑owned manufactured homes on approximately 3.025 acres across two contiguous parcels; Approximately 9,864 square feet in total; homes have 3 to 4 bedrooms and 2 bathrooms each; Reported manufacture dates span 1994 to 2021; five homes date to 2001 or earlier
