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    512-516 Silver Maple St Fredericksburg, TX 78624

    For Sale
    $1,900,000

    Prime TX investment opportunity: mobile home park.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    Exceptional investment opportunity in Fredericksburg, Texas, presents a rare chance to acquire the established Holloway Mobile Home Park. This 1.55-acre property, zoned R-4 Manufactured Home Residential, is offered for sale at $1,900,000. The park features fifteen manufactured home sites, each with a separate electric meter, and shares common city water and sewer connections. A charming 1,184 square foot, three-bedroom, one-bathroom stick-built home, constructed in 1941, is included on the property. This home sits on a corner lot and adds to the overall value. The property also boasts multiple outbuildings, carports, and a private water well, enhancing its functionality and potential. The park is strategically located with frontage on three streets: South Milam Street, Silver Maple Street, and West Walch Street. Note that fourteen of the manufactured homes are tenant-owned and are not included in the sale. Seller financing may be considered, making this an attractive proposition for serious investors. The total lot size is 67,518 square feet. This is a unique opportunity to acquire a well-established mobile home park with significant upside potential.

    Property Features for 512-516 Silver Maple St

    General Information

    Property type
    Land

    HighLights

    • Exceptional investment opportunity: 1.55‑acre established mobile home park in Fredericksburg, TX, offered at $1,900,000.
    • R‑4 zoned property with 15 manufactured home sites, each with a separate electric meter, and shared city water/sewer.
    • Includes a 1,184 sq ft, 3 bed/1 bath stick‑built home (1941).
    • Features multiple outbuildings, carports, and a private water well.
    • Frontage on three streets: South Milam, Silver Maple, and West Walch Streets.
    • Fourteen tenant‑owned homes excluded from sale; seller financing considered.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Hair Salon Restaurant Nail Salon Building Supply Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    County
    Gillespie
    State
    Texas
    Longitude
    -98.8822641
    Latitude
    30.2699123

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    FAQs

    What type of property is this?
    Land - Prime TX investment opportunity: mobile home park.
    Where is this land located?
    The property is located at 512-516 Silver Maple St Fredericksburg, TX.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: Exceptional investment opportunity: 1.55-acre established mobile home park in Fredericksburg, TX, offered at $1,900,000.; R-4 zoned property with 15 manufactured home sites, each with a separate electric meter, and shared city water/sewer.; Includes a 1,184 sq ft, 3 bed/1 bath stick-built home (1941).
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    512-516 Silver Maple St Fredericksburg, TX 78624
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