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Listed by Lisa Turner • Real Broker, LLC
$550,000
Est. payment /mo
Price Dropped by $80K
TBD CR 207 Henderson, TX 75652
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Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type for sale
Subdivision Tx
MLS Listing ID 20261836
Property Sub-Type Other
Property Description
Value-Add Mobile Home Park | Cash Flow + Vacant Pad Sites + Expansion Land. Mobile home park investment opportunity with current rental income and expansion potential. Property includes multiple tenant-occupied mobile home units providing immediate cash flow, along with additional vacant lots that may be rented or utilized for placement of additional homes. The property also features additional acreage in the rear currently used for horses, offering flexibility for continued agricultural use, potential park expansion, or the opportunity for a future homesite for a new owner. Strong demand for affordable housing in the area supports long-term occupancy and income potential. Rent roll and estimated stabilized income available in MLS documents. Projected Stabilized Value does show the potential for higher income plus there is room for expansion or for new owner to build their own home there on the 6.772 acres. Showings by appointment only to avoid disturbing tenants. Co-listing agent is the owner/seller. Buyer to verify all information including unit count, square footage, acreage, utilities, and financial information.
Location
State TX
County Rusk
Area Henderson Isd
Direction From FM 2276 N, turn R onto CR-207. When you reach 900 CR-207, (this is NOT the mobile home park) go forward and the Mobile Home Park is on your Right.
Interior
Appliance Electric Range/Oven
Exterior
Parking Features None
Roof Type Metal
Building
Sewer Septic Tank
Structure Type Other
Schools
Middle Schools 6500
Others
NEARBY SCHOOLS & PROPERTIES
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