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    139 Pr 1537 Rd Decatur, TX 76246

    • Specialty properties
    • 75.00 lot acres
    For Sale
    View listing
    $5,900,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 139 Pr 1537 Rd

    Lot size
    75.00 lot acres
    Property type
    Specialty properties
    Property subtype
    Marinas

    Description

    This exceptional 75-acre Texas RV resort presents a lucrative investment opportunity. Currently featuring 45 developed sites with chip seal roads, two cabins, a paved boat launch, and a 600-foot fishing dock situated on 10.55 acres with 1500 feet of Lake Bridgeport frontage, this established business boasts a strong pro-forma NOI of $681,948 and an 11.56% cap rate. The property, located at 139 Pr 1537 Road, Bridgeport, TX 76246, is part of a larger five-phase development plan, with Phase 2 currently under construction. The asking price is $5,900,000, representing a price per unit of $125,531.91. This turnkey operation offers stunning lake views and a variety of amenities, including nature trails, making it an ideal destination for outdoor enthusiasts. The resort has been operating successfully for over 70 years, providing a strong foundation for continued growth and profitability. The gross lease structure and multi-tenancy provide a diversified income stream. Detailed financial information is available upon request. This is a rare chance to acquire a well-established, high-performing RV resort in a desirable Texas location.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Wise
    State
    Texas
    Longitude
    -97.8456
    Latitude
    33.2585
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    139 Pr 1537 Rd
    Decatur, TX 76246
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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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