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826 Co Rd 1987, Yantis, TX 75497

Lake Fork frontage brings annual and short-stay RV sites together with guest rooms and dry storage.

Property SizeContact for details
Days on Market4

Property Features for 826 Co Rd 1987

General Information

Standard status Active
Property subtype Multifamily, Hospitality
Net Operating Income $107,424

Financials

Asking Price $1,200,000
Cap Rate 8.95%
Gross Income $215,263
Listed By: Clifford Bogart · License #313043-B
Source: Crexi
Added: Sep 22 Changed: Sep 24 Last Checked: Sep 24 at 1:54PM

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 Clifford Bogart

Investment Insights

Based on property information with market context.

This Lake Fork property combines 47 annual RV sites with 6 transient sites, 12 motel rooms, and 28 dry storage spaces. The mix supports extended RV stays, shorter visits, overnight lodging, and storage within one hospitality property.

The property is directly on Lake Fork in Yantis, Texas, a location associated with fishing and recreation. Its reported day-one cap rate is 8.95%.

Key Highlights

  • 47 annual RV sites and 6 transient sites
  • 12 motel rooms
  • 28 dry storage spaces

Property Analytics

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Current Use

Mobile home & RV ...

Suggested Use

Top Pick Storage Facility Bed & Breakfast Hotel & Motel

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

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby

Demographics for 75497, TX

3,679
Population
1,954
Households
1.9
Avg Household Size
57
Median Age
25%
College-Educated
87%
High-School Grad
62.8 sq mi
ZIP Area
59
Density / Sq Mi
$58,333
Median Household Income
$35,929
Median Earnings
$1,038
Median Rent
$185,400
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

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 - Lake Fork frontage brings annual and short-stay RV sites together with guest rooms and dry storage.
Where is this mobile home & rv park located?
The property is located at 826 Co Rd 1987 Yantis, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 47 annual RV sites and 6 transient sites; 12 motel rooms; 28 dry storage spaces
More about this property
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