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Property profile & analytics
OFF-MARKET
Mobile home & RV parks

195 Farm To Market 1545 Three Rivers, TX 78071

25.19 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 25.19-acre RV park in Three Rivers, Texas, boasting 105 full hook-up sites equipped with 20/30/50 amp electric service. The park currently operates at 50% occupancy, generating a substantial net operating income (NOI) of $140,893, representing a compelling 10.06% capitalization rate on the $1,400,000 asking price. Amenities include on-site management with a dedicated office, restrooms and showers, coin-operated laundry facilities, park-wide WiFi, and private mailboxes for residents. The park's infrastructure includes city water, and tenants are billed separately for their utility usage. The majority of the tenant base consists of monthly renters, providing a stable income stream. Located at 195 Farm to Market 1545, Three Rivers, TX 78071, this property offers significant potential for increased occupancy and revenue growth, making it an attractive value-add investment. The substantial lot size also presents opportunities for future expansion and development. This is a turnkey operation ready for a new owner to step in and capitalize on its existing strengths and growth potential.

Property profile
Verified
Property type Mobile home & RV parks
Lot 25.19 ac (1,097,276 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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