600 6th St Junction, TX 76849-4770
This exceptional Junction, TX, commercial property presents a lucrative investment opportunity. Currently operating as Morgan's Shady Park, this established RV park boasts 26 full hook-up RV sites, situated on the scenic South Llano River in the Texas Hill Country. The property's significant expansion potential is a key feature, with the capacity to add 30 more RV sites and 20 cabins, along with numerous additional tent sites. Existing infrastructure, including city water and three private septic systems, readily supports this expansion. The park offers a variety of amenities, including a water well, fire pit, open party barn, bathhouse, and three existing sleeping cabins. A comfortable living house and office are also included on the property. The idyllic setting provides numerous recreational opportunities, from stargazing and fishing to swimming, kayaking, and simply relaxing under the shade of the numerous trees. This turnkey operation is poised for significant growth and offers a unique blend of established income and future development potential. The property is listed at $1,350,000. The 0-acre lot provides ample space for current and future development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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.