1536 Ranger Hwy,, Weatherford, TX 76086

Mobile Home Park Investment Opportunity in Weatherford, Texas

High cash-flow, low management asset with strong in-place returns.

We are pleased to present a fully occupied Mobile Home Park located at Weatherford, TX. This offering delivers exceptional cash flow with minimal operational complexity, making it ideal for both passive investors and experienced operators.

Property Overview:

• Address: 1536 Ranger Hwy, Weatherford, TX 76086 (Parker County)
• Land Size: 2.894 Acres
• Zoning: ETJ – Unrestricted
• Occupancy: 100%
• Access: Frontage along Ranger Highway
• Utilities: Private well; tenants pay electric

Unit Mix:

• 10 Tenant-Owned Homes (TOH)
• 1 Park-Owned Home (POH)
• 2 RV Sites

Rent Summary:

• TOH (10 Units): $650/month → $6,500 total
• POH (1 Unit): $1,050/month → $1,050 total
• RV Site #1: $750/month
• RV Site #2: $850/month

Total Monthly Income: $9,150

Annual Gross Income: $109,800

Financials:

• Net Operating Income (NOI): $102,559
• Asking Price: $971,000
• Cap Rate: 10.56%

Utilities & Infrastructure:

• Water: Private well
• Electric: Individually metered (tenant-paid)
• Trash: Waste Connections dumpster service
• Roads & Pads: Existing infrastructure in place

Investment Highlights:

• High Yield: 12.46% cap rate – significantly above DFW market averages (7–8%)
• Low Overhead: Tenants pay electric; minimal operating expenses
• Stable Income: Majority tenant-owned homes reduce turnover and maintenance
• Turnkey Asset: Simple operations with minimal management required
• Strong Market Fundamentals: High demand for affordable housing in Texas
• Landlord-Friendly State: No rent control environment

This is a rare opportunity to acquire a high-performing, stabilized mobile home park with immediate cash flow and long-term upside.