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    197 County Road 2302 Rusk, TX 75785

    For Sale
    $525,000

    5-unit turnkey investment, high ROI.

    Property size:
    768 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 5-unit tiny home community presents a compelling investment opportunity in Rusk, Texas. Situated on a 2.975-acre lot at 197 County Rd 2302, zip code 75785, this Class A property boasts 100% occupancy and a 10.62% cap rate. Built in 2020, the five individual, single-story buildings offer a total of 768 square feet, each meticulously designed for maximum space and functionality. Modern amenities are included in each unit, ensuring high tenant satisfaction and premium rental rates. The property's design incorporates energy-efficient features, minimizing operating costs and maximizing net income. Shared amenities, such as a garden, outdoor lounge, and walking paths, enhance the appeal and rental value. Located outside city limits in Cherokee County, this property benefits from a strong rental market and the growing popularity of tiny homes, promising consistent cash flow and significant appreciation potential. The asking price is $525,000, translating to $683.59 per square foot. This turnkey operation requires minimal maintenance, making it an ideal investment for those seeking a low-effort, high-return opportunity in a thriving market. The property is offered fee simple.

    Property Features for 197 County Road 2302

    General Information

    Property type
    Multifamily properties
    Square Feet
    768 SF
    Class
    A
    Lot Size
    129,591 SF

    Building Details

    Year Built
    2020
    Buildings
    5
    Stories
    1
    Units
    5

    HighLights

    • Prime investment opportunity in the high‑demand tiny home market; five‑unit village designed for maximized rental income and strong ROI.
    • High occupancy rates due to strong demand for affordable and sustainable tiny homes.
    • Diverse income streams from long‑term and short‑term rentals, including Airbnb.
    • Low operating costs due to energy‑efficient designs and minimal maintenance.
    • Strong ROI due to high rental demand and low operating costs; located in a growth area with appreciating property values.
    • Turnkey operation; fully furnished and equipped homes ready for immediate rental.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Map

    City
    Rusk
    County
    Cherokee
    State
    Texas
    Longitude
    -95.162015
    Latitude
    31.774282

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    FAQs

    What type of property is this?
    Multifamily property - 5-unit turnkey investment, high ROI.
    Where is this multifamily property located?
    The property is located at 197 County Road 2302 Rusk, TX.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: Prime investment opportunity in the high-demand tiny home market; five-unit village designed for maximized rental income and strong ROI.; High occupancy rates due to strong demand for affordable and sustainable tiny homes.; Diverse income streams from long-term and short-term rentals, including Airbnb.
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    197 County Road 2302 Rusk, TX 75785
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    Rusk, TX 75785
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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.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    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
    197 County Road 2302 Rusk, TX 75785
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