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    15977 1St St Patton Village, TX 77372

    • Specialty properties
    • 5.92 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 15977 1St St

    Lot size
    5.92 lot acres
    Property type
    Specialty properties
    Property subtype
    Mobile home & RV parks

    Description

    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

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Patton Village
    County
    Montgomery
    State
    Texas
    Longitude
    -95.1758
    Latitude
    30.2131

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    15977 1St St
    Patton Village, TX 77372
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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
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