738 Campground - RV Resort Development
Land | 49.498 acres
Marketing description
Welcome to 738 Campground Rd in Sherman, TX—an incredibly unique, multi-use property spanning nearly 50 acres of picturesque North Texas countryside. With engineer reports, financing approvals in place and a thorough appraisal analysis, this property is primed and ready for the next steps to be taken for creating an amazing RV resort. The main home features 2,284 square feet with 4 spacious bedrooms and 3 full bathrooms, beautifully updated with modern fixtures and finishes. A 1,200 square foot detached guest house, with matching renovations to the main house, offers flexible space for extended family, short-term rentals, or staff quarters. The land is gently hilly, mostly cleared, and partially wooded, centered around a beautifully manicured pond and enclosed by a white picket fence. A true highlight is the RV resort development opportunity: civil engineering and groundwork are already in place for an RV resort with 121-pad sites and 18 cabins. Even more exciting, this project has USDA loan approval, with the appraisal, feasibility report, SCORE projections, and full funding package already approved by Citizens Bank, making this a truly shovel-ready venture for investors or developers. Additional barns and storage sheds are ample room for storing anything needed to make this a fully functioning business. Whether you’re seeking a peaceful homestead, a thriving business location, or both—738 Campground Rd delivers unmatched value, vision, and verified funding support. All tractors, equipment & home furnishings will convey with an acceptable offer. Seller financing available.
Investment highlights
- Lot Features: Acreage, Agricultural, Brush, Cleared, Landscaped, Many Trees, Other, Tank/ Pond, Water/Lake View
- Restrictions: No Known Restriction(s)
- Lot Size Area: 49.4980
- Lot Size Square Feet: 2,156,133
- Easements: Electric
- Current Use: Commercial, Development, Investment, Residential, Resort, Single Family, See Remarks
- Possible Use: Agricultural, Commercial, Development, Mixed Use, Mobile Home, Residential, Resort
- Fencing: Fenced, Full, Gate, Perimeter, Wood
- Zoning Description: Residential
- Other Structures: Barn(s), Guest House, Shed(s), Storage
- Development Status: Plat Approved, Utilities Installed, Zoned
- Utilities: Electricity Connected, Individual Water Meter, Outside City Limits, Overhead Utilities, Septic
- 50 Acres
- Property does have USDA approval for the loan with $6M toward construction if that route is desired.
- Civil plans completed for 125 RV sites, 18 cabins, pool area, and store.
- The project was designed to be similar to a Jellystone Resort for weekend warriors/family oriented, but the plans can easily be modified with the engineers.
- All septic/package plant engineering, electrical engineering, drill reports, General Contracting quote, SCORE projections, appraisal, feasibility, etc. have been completed and are being sold as a package ready for construction.
- 4bed 3bath home is fully renovated & furnished to be ready as a rental, Airbnb, primary residence or park manager quarters.
- All dirt work is 90% completed. 70-78ft long sites are +/- within inches of perfectly level and ready for concrete.
- The only section to be completed is the southeast section for the pull through sites (Buyer to verify).
- General Contracting quote is currently about $800,000 higher than it will be when completed.
- The land has an AVMO appraisal of $2.2M as it stands without the dirt work and engineering added.
- As far as rental rates to be a long-term park, the going rate for the area is ~$800/month + electric. The full-time parks in the area are 90%+ full as well. If you have the park plans remain with asphalt roads and concrete pads the rental rate should easily be $1000+/month for the area.
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