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Property profile & analytics
OFF-MARKET
Land

234 County Road 285 Bay City, TX 77414

Individually Owned 9-yr Hold
Property ID
US82-5613824
Property summary
AI-generated overview

Exceptional investment opportunity in Sargent, Texas, encompassing 17.5 acres of prime real estate on Caney Creek. This established RV park boasts 33 RV spaces, three park models occupied by permanent residents, and two additional rental homes, ensuring consistent revenue streams. The property includes a substantial propane tank, generating additional income from sales, along with a bathhouse, laundry facility, and a large screened community room complete with a kitchen, workout area, and expansive outdoor deck featuring a covered area, fire pit, and BBQ pit. Recreational amenities extend to a private pier and boat slip. Infrastructure is robust, featuring four stocked ponds, three water wells, five septic systems, three lift stations, and a dedicated shed for equipment storage. The park has a long history of success and significant potential for expansion. The majority of residents are full-time, providing stable occupancy. Further income is generated through the sale of propane and fishing licenses. Located at 234 County Rd 285, Sargent, TX 77414, this property presents a rare chance to acquire a thriving business in a growing Texas coastal community. Asking price: $1,750,000.

Property profile
Verified
Property type Land
UPID US82-5613824
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
  • Cactus Comfort Services Hardware & Home Improvement HVAC Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Cheryl Fay Knight · 9 yrs held
Cheryl Fay Knight
since 2016
1 recorded transaction
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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