Property summary
This exceptional investment opportunity presents a 22-unit mobile home park situated in Houston, Texas, within a high-growth area boasting a metro population exceeding 7 million. The property, currently operating as a stabilized investment, offers a compelling 7.60% cap rate with a pro-forma cap rate of 9.11%. The current Net Operating Income (NOI) stands at $114,010, projected to increase to $136,672. The asking price is $1,500,000, translating to $68,181.82 per pad. The park comprises 22… pads and one building, with nineteen tenant-owned homes, two park-owned homes, and one single-family home currently rented. Average lot rent for tenant-owned homes is $600 per month, while park-owned homes average $975 per month, and the single-family home rents for $1,325 per month. There's potential for expansion with three additional buildable lots or the addition of storage units. Attractive assumable financing is available: approximately $991,000 remaining balance at a 6% interest rate, amortized over 30 years, with roughly four years remaining on the term. The current monthly principal and interest payment is $5,995.51. Significant upside potential exists by increasing below-market rents to market standards and subsequently selling off the remaining park-owned homes. The property is located at 2434 Firnat St, Houston, TX 77093, in Harris County.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2020
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
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