195 Farm To Market 1545 Three Rivers, TX 78071
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.
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
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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.