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Property profile & analytics
OFF-MARKET Estimated value $2,190,000
Commercial real estate

201 Rock Crk Rd Graford, TX 76449-1901

57,202 SF 29.47 ac lot Built 1990
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US82-5626221
Property summary
AI-generated overview

Exceptional opportunity to acquire a thriving 84-site RV and mobile home park situated on the highly desirable Possum Kingdom Lake in Graford, Texas. This 27.83-acre property boasts unparalleled lake frontage, exceeding any other privately owned entity on the lake. The community includes 11 cabins, 41 long-term RV/MH sites, 20 tenant-owned mobile home sites, and 12 weekend RV sites. Amenities feature a resort-style pool, convenience store, coin-operated laundry, renovated boat ramp, fish cleaning station, boat docks, and a community/event center. Currently operating under current ownership, this property presents significant upside potential through market-rate rent adjustments, site development, additional cabin/tiny home construction, and enhanced marketing strategies. The park benefits from a public water provider and on-site septic holding tanks. Located outside city limits in Palo Pinto County, this property is ideally positioned to capitalize on the substantial tourism generated by Possum Kingdom Lake, which receives millions of visitors annually. The asking price is $5,000,000. This presents a unique investment opportunity with high barriers to entry and strong potential for future growth.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1990
Total area 57,202 SF
Lot 29.47 ac (1,283,539 SF)
APN 203630000
UPID US82-5626221
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
Current use
Occupant on record · Public records
  • Rock Creek Camp LP Vacation Rental Real Estate Agency
  • Rock Creek Camp & RV Resort LLC Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.19M
Owner & transaction history
Rock Creek Rv Resort LLC · 5 yrs held
Rock Creek Rv Resort LLC
since 2020
2 recorded transactions
2020
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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