10364 County Road 740
Princeton, TX 75407
Hidden Acres RV Park and Homestead · Multifamily Property For Sale · 174,240 SF

Hidden Acres RV Park is a 24-site RV park, built in 2003, located in Princeton, Texas, which is approximately 30 miles northeast of Dallas and 38 miles from Dallas/Fort Worth International Airport. The park is on co-op water and septic sewer system. This offering also includes a large single-family home and three buildings that must be purchased with the park for an additional $350,000, making the total price $1,100,000. Hidden Acres RV Park is conveniently positioned in the heart of the Dallas-Fort Worth path of progress. The park is heavily treed and adjacent to Lake Lavon, one of the largest lakes in North Texas spanning 21,400 acres with 121 miles of shoreline. Residents are less than a two-minute walk from Lake Lavon on both the east and west sides of the park. Princeton’s city manager has reported that in the last five years the city’s population has close to doubled and continues to escalate. A study by The Perryman Group, released in January 2017, forecast that Collin County would continue to expand “at a rate outpacing the state and nation.” This rapid growth has opened opportunities for retail and commercial expansion and has become a popular target for planned residential development, including a new 297-acre mixed-use development called Princeton Crossroads. Princeton has an unemployment rate of 3.3 percent, while the U.S. average is 3.9 percent, and the job market has increased by 3.3 percent in the last year. Hidden Acres RV Park is a great opportunity for an investor to acquire a Collin County asset with immense upside potential. Current rents are below market average and the park consistently maintains 100 percent occupancy. Additional income can also be generated through renting out the single-family home.