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    Canyon Lake RV Lots Business Title is generated by Realmo AI

    9895 FM2673, Canyon Lake, TX 78133

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    Claim this Listing
    New
    For Sale
    $339,000

    Business - Canyon Lake, TX

    Type:Business
    Lot size:
    0.79 Acres
    Added:
    May 12, 2026
    Days on Market:
    2
    Last Refresh:
    May 13 at 7:06 am

    Property Features for 9895 FM2673

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Parking features
    RV
    Standard status
    Active
    APN
    000000052573
    Lot size
    0.79 Acres

    Utilities

    Heating system
    None (Heating)

    Building Details

    Year built
    2023
    Flooring type
    Concrete
    Building materials
    Concrete
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Tim Canterbury

    Listing agent Tim Canterbury License #0627117

    Listing office Great Western Realty 6275 W Plano Parkway Suite 500, Plano, TX

    Listing date May 12, 2026

    MLS# 21222506 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Income‑generating RV park with 10 full hook‑up lots, currently averaging 7‑8 lots occupied at $339/month per lot.
    • Prime location: Walking distance or short drive to restaurants, stores, gas, and other conveniences; less than 10 minutes to Canyon Lake access and boat ramps.
    • Easy access for RVs and trailers from FM 9895.
    • Potential for expansion with space for 2 dry lots or tent camping spots.
    • Opportunity to increase income through rent increases and maximizing occupancy.
    • Washeteria in progress (needs water line completion).

    Overview

    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 run for completion. The seller is currently working on resurfacing the entrance and drive. The property is primarily occupied by long-term renters on month-to-month leases. Occupancy averages 7-8 lots, leased at $339 per month, with tenants responsible for water and electricity costs. The location is convenient, with walking distance or a short drive to restaurants, convenience stores, shopping, gas stations, dry and boat storage facilities, and auto maintenance or repair services. 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 and has potential for expansion, increased rents, and maximized occupancy. The lot size is 0.788 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Gym & Fitness Center Auto Parts Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Canyon Lake
    County
    Comal
    State
    Texas
    Longitude
    -98.2876322
    Latitude
    29.8592318

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    FAQs

    What type of property is this?
    Mobile home & RV park - Income property with RV lots near Canyon Lake access.
    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 RV park with 10 full hook‑up lots, currently averaging 7‑8 lots occupied at $339/month per lot.; Prime location: Walking distance or short drive to restaurants, stores, gas, and other conveniences; less than 10 minutes to Canyon Lake access and boat ramps.; Easy access for RVs and trailers from FM 9895.
    (817) 689-2888
    We can help!
    Listing Contact
    Tim Canterbury
    Real Estate License ID: 0627117
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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