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Property profile

Tbd Crk 3540 Hawkins, TX 75765

OFF-MARKET
Commercial real estate
820 SF 3 ac lot Built 2023
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fully functioning mobile home park situated on 3 acres in Hawkins, Texas. The park boasts nine identical 2-bedroom, 2-bathroom mobile homes, each spanning 820 square feet and measuring 14 feet by 60 feet. These homes are brand new (2023 construction) and include premium siding upgrades. Each unit is equipped with modern amenities such as HVAC systems, electric ranges, refrigerators, dishwashers, Vent-A-Hoods, and bathroom vents. Master bedrooms feature walk-in closets for added convenience. One additional home is a larger 3-bedroom, 2-bathroom model, offering 1040 square feet of living space (14ft x 76ft). All homes benefit from 8x10 porches. The park's infrastructure includes water wells and conventional septic systems for each home. Further enhancing the property are two road lights illuminating the driveway and a 6-foot fence along the front property line. Significant expansion potential exists with an additional 19.617 acres owned by the seller directly behind the park, presenting a unique opportunity for future growth and development. This turnkey operation offers a strong return on investment with its modern homes and substantial land for expansion. The asking price is $1,100,000.

Property profile

Verified
Property type Commercial real estate
Year built 2023
Total area 820 SF
Lot 3 ac (130,680 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Tbd Crk 3540 Hawkins, TX 75765
Hawkins metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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