15977 1St St Patton Village, TX 77372
This exceptional investment opportunity presents a 48-space RV park on a 5.92-acre lot in Patton Village, Texas (Montgomery County, zip code 77372). Currently under development, the property features a renovated 3-bedroom, 2-bathroom mobile home, suitable for on-site management. Plumbing is complete, and electrical work is partially installed. The project includes plans for two 20x10 bathhouses and a 20x12 office/laundry building, along with concrete/asphalt paving. City water and sewer connections are planned. Approximately two wooded acres offer potential for future expansion, such as boat/RV or self-storage units (subject to approval). The property boasts a prime location with convenient access to Downtown Houston, IAH Airport, Lake Livingston, The Woodlands, and Conroe. The nearby Valley Ranch area provides ample shopping, dining, and entertainment options. Big Rivers Water Park is just five minutes away. Existing RV parks in the area maintain year-round occupancy. The asking price reflects the property's current state of development
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.