197 County Road 2302 Rusk, TX 75785
- Mobile home & RV parks
- 768 SF
- 2.98 lot acres
Current Use by Public Records
- Mobile home & RV parks
Property Details for 197 County Road 2302
- Year built
- 2020
- Lot size
- 2.98 lot acres
- Property size
- 768 SF
- Property type
- Mobile home & RV parks
- Property subtype
- Residential income homes
Description
This exceptional 5-unit tiny home community presents a compelling investment opportunity in Rusk, Texas. Situated on a 2.975-acre lot at 197 County Rd 2302, zip code 75785, this Class A property boasts 100% occupancy and a 10.62% cap rate. Built in 2020, the five individual, single-story buildings offer a total of 768 square feet, each meticulously designed for maximum space and functionality. Modern amenities are included in each unit, ensuring high tenant satisfaction and premium rental rates. The property's design incorporates energy-efficient features, minimizing operating costs and maximizing net income. Shared amenities, such as a garden, outdoor lounge, and walking paths, enhance the appeal and rental value. Located outside city limits in Cherokee County, this property benefits from a strong rental market and the growing popularity of tiny homes, promising consistent cash flow and significant appreciation potential. The asking price is $525,000, translating to $683.59 per square foot. This turnkey operation requires minimal maintenance, making it an ideal investment for those seeking a low-effort, high-return opportunity in a thriving market. The property is offered fee simple.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rusk
- County
- Cherokee
- State
- Texas
- Longitude
- -95.162015
- Latitude
- 31.774282
