923 Hl Rd, Unit 12, Houston, TX 77037-1800
- Mobile home & RV parks
- 1,036 SF
- 4.00 lot acres
Current Use by Public Records
- Mobile home & RV parks
Property Details for 923 Hl Rd
- Year built
- 1960
- Construction
- WOOD FRAME
- Lot size
- 4.00 lot acres
- Property type
- Mobile home & RV parks
- APN
- 552290000009
- APU
- 552290000009
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| — | — | Lorenzo Morales | — | Deed Of Trust · related | $132k · Greenpoint Mortgage Funding |
Description
This fee-simple mobile home park in Houston, TX (Harris County, zip code 77037) presents a compelling investment opportunity. The property, situated on a 4-acre lot (APN: 055-229-000-0009), boasts 12 currently rented mobile homes generating approximately $18,000 in monthly income. Adding to the revenue stream are two standalone homes and a 4,000 square foot commercial building on a concrete slab, currently vacant but with a potential rental income of approximately $3,500 per month. The park features 14 total pads and was built in 1960. The property is zoned unrestricted, offering flexibility for future development. The asking price is $2,900,000, translating to approximately $207,143 per pad. This turnkey investment benefits from a strong rental market in Harris County and its convenient location just outside Houston city limits, offering easy access to major transportation routes and amenities. The property's multiple income streams and potential for expansion make it an attractive option for investors seeking stable returns and future growth. This is a rare opportunity to acquire a well-established mobile home park with significant upside potential.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.3788
- Latitude
- 29.8971
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
