Aspire Realty Team
Listed by Aspire Realty Team
$1,300,000
12700 Mineral Wells Highway
Details
APN R000048622
Property Type Retail
Sub Type Commercial
Square Footage 2,200
NOI $146,990
Price per SqFt $591
Year Built 1999
Stories 1
Acreage 9.244
Zoning Mixed
Beautiful park that sits on a hill with views for miles. Next to Mineral Wells State Park.
Marketing description
Turnkey RV Park with Scenic Views, Multiple Rental Units & Expansion Potential – Next to Mineral Wells State Park Rare opportunity to acquire a RV park in a prime location. This income-producing property features 26 full hook-up RV sites, each with 30 & 50 amp service and individually metered electric, allowing for streamlined utility management and tenant responsibility. Perched on a hilltop, the park offers beautiful panoramic views and direct proximity to Mineral Wells State Park, attracting outdoor enthusiasts, weekend travelers, and long-term guests alike. Key Features: 26 full hook-up RV spaces (individually metered for electric). 2 bed, 2.5 bath brick home currently leased as a long-term rental. 1,300 SF barndominium apartment generating additional rental income. 1,300 SF of enclosed storage space that could be made into another apartment. Three fully functional tiny homes, ideal for short or long-term rentals. One additional tiny home ready for renovation and increased revenue. City water provided through a rural water supply company. Septic system in place. Amenities include a laundry shower room, dog run, community fire pit, grills, and picnic tables. Sitting on over 9 acres, the property includes 4 acres of undeveloped land, perfect for expanding RV sites, adding cabins, glamping units, or other recreational amenities. There are lots of areas for value add. Whether you're looking to grow your hospitality portfolio or operate a profitable lifestyle business in a sought-after Texas location, this property offers strong cash flow and significant upside potential.
Investment highlights
- https://www.propertypanorama.com/instaview/ntreis/20998068#tour
Listing Contacts
Aspire Realty Team
Listed by Aspire Realty Team
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$146,990.00
$12,249.17/mo
Valuation Metrics
0
DSCR
11.31%
Cap Rate
11.31%
ROI
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