501 B St Crane, TX 79731
This exceptional investment opportunity presents a 34-space RV park situated on a spacious 2.07-acre lot at 501 S B Street, Crane, TX. The property boasts a substantial 87,120 square feet and includes a single rental cabin and a single-wide duplex, currently generating consistent monthly income. The duplex houses two month-to-month tenants, contributing a combined $1550 in monthly rent. The average monthly rent for an RV space is approximately $500, with 85% occupancy currently achieved. The cabin and duplex maintain 100% occupancy, each commanding approximately $750 in monthly rent. All tenants are currently on month-to-month leases, offering flexibility for future management. The park is conveniently located just outside Crane city limits, providing a tranquil setting while benefiting from city water supply and a reliable septic system. All utilities—water, sewer, trash, and electricity—are provided to tenants as part of the rental agreements. This turnkey operation presents a strong cash flow potential with significant upside for growth through increased occupancy and rental rate adjustments. The property is priced at $645,000, representing a compelling investment in a thriving West Texas market. The substantial size of the property and existing infrastructure provide ample opportunity for expansion and further revenue generation.
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.