RV Park Redevelopment
For Sale
$585,000
6808 McKinney Falls PKWY, Austin, TX 78744
Triangular tract near McKinney Falls State Park, currently operating as an RV park on approximately 1.362 acres.
Property Size1,139 SF
Lot Size1.36 Acres
Days on Market221
Property Features for 6808 McKinney Falls PKWY
General Information
Standard status
Active
Size
1,139 SF
Lot size
1.36 Acres
Property subtype
Mixed Use
Taxes and HOA fees
Annual Taxes
$2,360
Building Details
Building Size
1,139 SF
Year Built
1984
Listing Agency:
JBGoodwin REALTORS WL
Listed By:
Heidi Trevithick · License #0695535
(512) 569-7314
Source:
Lisacontaldi
Added: Mar 16
Changed: Oct 11
Last Checked: Oct 21 at 5:20AM
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 JBGoodwin REALTORS WL
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Investment Insights
Based on property information with market context.
This approximately 1.362-acre triangular tract is positioned at a corner setting near McKinney Falls State Park. The property is currently used as an RV park, and the original rustic cabin was built to serve as a restaurant.
The site is described as being on a high-traffic artery within an area of continued residential growth. It is located about 6–7 miles from the ABIA and COTA track, and roughly 11 miles from the Downtown Austin area or Tesla Gigafactory.
The property is being marketed with untapped redevelopment potential while it remains in RV park use.
The site is described as being on a high-traffic artery within an area of continued residential growth. It is located about 6–7 miles from the ABIA and COTA track, and roughly 11 miles from the Downtown Austin area or Tesla Gigafactory.
The property is being marketed with untapped redevelopment potential while it remains in RV park use.
Key Highlights
- Approximately 1.362‑acre triangular tract near McKinney Falls State Park, currently operating as an RV park.
- Originally built as a rustic cabin to serve as a restaurant; the property is now used as an RV park.
- Located about 6–7 miles from ABIA and COTA and about 11 miles from Downtown Austin or Tesla Gigafactory.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,460
Cap Rate
2.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$349,200
$349.2K
Cap Rate 7%
$249,429
$249.4K
Cap Rate 9%
$194,000
$194.0K
Market Conditions
NOI Build-Up for 1,139 SF
Gross rent
$33.5K $29.40/SF
− Vacancy
−$1.7K −$1.53/SF
EGI
$31.7K $27.87/SF
− OpEx
−$14.3K −$12.54/SF
NOI
$17.5K $15.33/SF
Area
ZIP 78744
Vacancy
5.20%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$349,200
Cap Rate 7%
$249,429
Cap Rate 9%
$194,000
Alternative Uses
Best Use
Apartment 5plus
$249.4K
$218.3K – $291.0K
NOI $17,460 @ 7.0% cap · market cap 2.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$446.3K
$390.6K – $520.7K
NOI $31,244 @ 7.0% cap · market cap 5.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Location Intelligence
Trade Area within ½ mile
72
Businesses Nearby
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Business Placement
Demographics for 78744, TX
51,048
Population
20,035
Households
2.5
Avg Household Size
31
Median Age
33%
College-Educated
77%
High-School Grad
22.6 sq mi
ZIP Area
2,259
Density / Sq Mi
$78,474
Median Household Income
$42,472
Median Earnings
$1,516
Median Rent
$307,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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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 - Triangular tract near McKinney Falls State Park, currently operating as an RV park on approximately 1.362 acres.
Where is this mobile home & rv park located?
The property is located at 6808 McKinney Falls PKWY Austin, TX.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Approximately 1.362‑acre triangular tract near McKinney Falls State Park, currently operating as an RV park.; Originally built as a rustic cabin to serve as a restaurant; the property is now used as an RV park.; Located about 6–7 miles from ABIA and COTA and about 11 miles from Downtown Austin or Tesla Gigafactory.
