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Kingsland Mobile Home Park
Kingsland, TX

$2,125,000 USD

Specialty For Sale  •  1,000 SF

1 Properties View all

Property Details

  • Property Type Specialty
  • Cap Rate 7.19 %
20 Walk Score

Highlights

Occupancy already improving — 14 of 16 occupied as of Jan 12, 2026, showing strong leasing momentum.
Strong rent growth / stabilization upside: stabilized rents project $265,200/year gross potential with $34,800/year remaining upside at full occupancy
16 total park-owned units = full rent control + full turn control (14 mobile homes + 2 cabins).
Turnkey, income-producing asset in the high-demand Lake LBJ / Kingsland corridor with strong rental demand.
Tenant-paid utilities (electric, water, trash) = lower operating burden and more predictable expenses.
Built-in value-add upside through final lease-up, plus standardized collections and efficient unit turns to stabilize operations.

Financial Summary (Actual)

Net Operating Income: $82,327 USD (2025)
Cap Rate: 7.19 %
Total Expenses: $33,800 USD

Amenities

  • Air Conditioning

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 3
Type: Surface
Included in Rent: Yes
Katie Simon 512-588-0094 Lake Life Team brokered by eXp Realty,LLC
Katie Simon 512-588-0094 Lake Life Team brokered by eXp Realty,LLC