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620 George Thomas Rd
Texarkana, TX 75501

$569,000 USD

Manufactured Housing Mobile Home Park For Sale  •  19,200 SF

Property Details

  • Property Type Manufactured Housing Mobile Home Park
  • Total Building Size 19,200 SF
  • Lot Size 8 AC
  • Building Class C
  • Year Built 1999
  • Cap Rate 10.83 %
  • Zoning A2L
0 Walk Score

Description 

The property at 620 George Thomas Rd in Texarkana consists of a mobile home and RV park developed on an 8-acre lot. Built in 1999, it accommodates 12 manufactured housing units. Current occupancy is approximately 75%, with existing infrastructure for water and septic. Additional land on the site contains septic systems suitable for future expansion. The property is located in an Opportunity Zone within Bowie County, Texas.

Highlights

75% occupied, 10.83% CAP, with 9 units rented, 1 unit in the process of remodeling 2 units require remodeling, offering value-add potential
Manufactured housing investment in a peaceful setting surrounded by natural beauty Total of 12 individual units, each separately rented
Existing land with septic systems already developed Ability to add additional trailer homes for future expansion Strong opportunity for increased cash

Financial Summary (Actual)

Net Operating Income: $64,876 USD (2025)
Cap Rate: 10.83 %
Total Expenses: $6,124 USD

Amenities

  • Air Conditioning
  • Heating
  • Refrigerator

Public Transportation

Commuter RailDriveWalkDistance
Texarkana Amtrak Station (Texas Eagle - Amtrak) 16 min - 8.7 mi
AirportDriveWalkDistance
Texarkana Regional-Webb Field 25 min - 13.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Manju Pokhrel 469-471-7919 Better Homes And Gardens Real Estate Infinity
Manju Pokhrel 469-471-7919 Better Homes And Gardens Real Estate Infinity