RV Lots Income
For Sale
$339,000
9895 Fm2673, Canyon Lake, TX 78133
Income-generating RV lots near Canyon Lake with expansion potential.
Property Size2,000 SF
Price / SF$169.50
Days on Market105
Property Features for 9895 Fm2673
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Commercial
Building Details
Year Built
2023
Listing Agency:
Great Western Realty
(817) 689-2888
Listed By:
Tim Canterbury · License #0627117
(972) 974-5713
Source:
Signaturere
Added: Apr 22
Changed: Jul 6
Last Checked: Jul 28 at 5:45PM
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 Great Western Realty
Investment Insights
Based on property information with market context.
This income property features 10 existing RV lots, each equipped with full hook-ups for sewer, water, and electricity. There is additional space available for two dry lots or multiple tent camping spots. A washeteria is in progress, requiring a water line to be connected for completion. The seller is working on resurfacing the entrance and drive. The property is primarily occupied by long-term renters on month-to-month leases. On average, 7 to 8 lots are regularly occupied and leased at $339 per month. Tenants are responsible for covering their water and electricity expenses. The location is convenient for RV tenants, with restaurants, convenience stores, shopping options, gas stations, dry and boat storage facilities, and auto maintenance and repair services within walking distance or a short drive. Canyon Lake access, Comal Park, Party Cove, and a boat ramp are less than 10 minutes away. The property offers easy access for RVs and trailers from FM 9895. There is potential for expansion, increasing rents, and maximizing occupancy. The property size is 2000 square feet.
Key Highlights
- Income‑generating property with 10 existing RV lots with full hook‑ups, currently averaging 7‑8 lots occupied.
- Prime location near restaurants, stores, gas stations, and other conveniences.
- Less than 10 minutes to Canyon Lake access, Comal Park, Party Cove, and boat ramp.
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.0k | $18.00 |
| − Vacancy | −$3.6k | −$1.80 |
| EGI | $32.4k | $16.20 |
| − OpEx | −$14.6k | −$7.29 |
| NOI | $17.8k | $8.91 |
2,000 SF · lease $18.00/SF/yr · vacancy 10.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$254.6K
$222.8K – $297.0K
NOI $17,820 @ 7.0% cap · market cap 5.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$510.2K
$446.4K – $595.2K
NOI $35,712 @ 7.0% cap · market cap 10.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
77
Businesses Nearby
Explore this area
Business Placement
Demographics for 78133, TX
20,787
Population
11,208
Households
1.9
Avg Household Size
52
Median Age
33%
College-Educated
94%
High-School Grad
75.5 sq mi
ZIP Area
275
Density / Sq Mi
$80,777
Median Household Income
$45,470
Median Earnings
$1,236
Median Rent
$300,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Income-generating RV lots near Canyon Lake with expansion potential.
Where is this mobile home & rv park located?
The property is located at 9895 Fm2673 Canyon Lake, TX.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: Income‑generating property with 10 existing RV lots with full hook‑ups, currently averaging 7‑8 lots occupied.; Prime location near restaurants, stores, gas stations, and other conveniences.; Less than 10 minutes to Canyon Lake access, Comal Park, Party Cove, and boat ramp.
