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Property profile & analytics
OFF-MARKET Estimated value $855,000
Commercial real estate

811 Countryview Trl Princeton, TX 75407-5569

3,979 SF 18.55 ac lot Built 2012
Individually Owned 19-yr Hold Free & Clear
Property ID
US83-3901536
Property summary
AI-generated overview

This exceptional 38.397-acre property in Princeton, Texas, presents a rare investment opportunity. The offering includes a fully operational and leased RV park and storage business, meticulously maintained and ready for immediate income generation. The park boasts stunning views of Lake Lavon and backs directly onto Corps of Engineers land, ensuring the preservation of natural beauty and minimizing future development impact. Approximately 1133 feet of Lake Lavon frontage provides direct access to the water and shoreline via walking paths. Beyond the established RV park, over 30 additional acres are zoned for commercial or residential development, presenting significant expansion potential. This expansive land offers unparalleled lake views and is situated outside city limits, eliminating city taxes. The property is conveniently located near many new residential developments, indicating strong future growth potential. Infrastructure is already in place, including aerobic septic systems, power, and a recently installed 8-foot water line at the street. This turnkey business and development land combination offers a unique blend of immediate income and long-term growth potential. The property's location, amenities, and zoning make it an ideal investment for developers or entrepreneurs seeking a profitable and picturesque venture.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2012
Construction WOOD FRAME
Total area 3,979 SF
Lot 18.55 ac (808,212 SF)
APN R-6515-000-0680-1
UPID US83-3901536
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
  • Country View RV Park Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$845k
Comparable Approach Comparable
$864k
Blend (final) Blend
$855k
Owner & transaction history
Terry W Tidwell · 19 yrs held
Terry W Tidwell
since 2007
1 recorded transaction
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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