1500 State Highway 72 W, Yorktown, TX 78164
1500 State Highway 72 W, Yorktown, TX 78164
1500 State Highway 72 W, Yorktown, TX 78164
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Pascal Munnelly

Pascal Munnelly

+1(512) 619-4332
$975,000
Est. payment /mo
10 SqFt
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Key Details

Property Type Commercial

Sub Type Mobile Home Park

Listing Status Active

Purchase Type For Sale

Square Footage 10 sqft

Price per Sqft $97,500

Subdivision Thomas H Bell Leaque & Labor A

MLS Listing ID 6879717

Year Built 2020

Annual Tax Amount $1,800

Tax Year 2025

Lot Size 13.300 Acres

Acres 13.3

Property Sub-Type Mobile Home Park

Source actris

Property Description

This is an actively cash-flowing residential campus at 1500 State Highway 72 W in Yorktown, TX, currently generating $16,500 per month under a 5-year lease offering an investor immediate, stabilized income at the time of acquisition. The property features 10 residential homes (valued at approximately $60k each) across +/- 13.3 acres spanning two tracts: eight 4-bedroom/4-bath homes, one 3-bedroom/2-bath, and one 2-bedroom/2-bath, all currently leased. Known operating expenses include internet service, trash removal, landscaping on an as-needed basis, a $105 annual water well permit, and $500 per year in sewer maintenance, with monthly electricity ranging from approximately $2,300 to $3,600. Annual property taxes are estimated at $1,700, an exceptionally low tax burden relative to the income the property generates. Electrical, sewer, and water are all on site, and there is additional room on the property that may present future development or expansion potential. This is one of the most compelling income-producing assets in the portfolio, combining a long-term lease, a diverse housing mix, and low operating overhead in a single acquisition. Current tenants have been in place for 3 years.

Location

State TX

County Dewitt

Interior

Heating See Remarks

Cooling See Remarks

Flooring See Remarks

Fireplace No

Exterior

Utilities Available Electricity Connected

Building

Sewer Public Sewer

Water Public

Structure Type See Remarks

New Construction No

Others

Special Listing Condition Standard

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Listed by All Hands Real Estate

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Pascal Munnelly

Pascal Munnelly

+1(512) 619-4332

Broker Associate | License ID: 637338

Broker Associate License ID: 637338

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