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Executive Summary

Investment opportunity near Toledo Bend Reservoir! This mobile home park sits on approximately 11 acres and includes an established income-producing business with eight leased mobile home spaces currently occupied by tenant-owned homes. In addition to the mobile home spaces, the property features, one single-family house, an additional mobile home and two rental cabins (with 12 potential rental units). There is also a covered two-car parking/storage area ideal for equipment or additional storage. Each unit is separately metered for electricity. The property is serviced by one main water supply and septic system. With additional acreage available for expansion, there is excellent potential to add more cabins, RV spaces, or mobile home sites. Located just minutes from Toledo Bend Reservoir, this property is well positioned for long-term tenants, vacation rentals, or RV storage catering to lake visitors and outdoor enthusiasts.

Property Facts

Price $699,000
Price Per Unit $58,250
Sale Type Investment
Sale Condition Business Value Included
No. Units 12
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Apartment Style Single-Family Home
Building Class C
Lot Size 9.88 AC
Building Size 15,600 SF
No. Stories 1
Year Built 1940
Opportunity Zone Yes

Amenities

Unit Amenities

  • Air Conditioning
  • Microwave
  • Heating
  • Refrigerator
  • Oven
  • Freezer
  • Smoke Free

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Walk-Up
  • Smoke Detector
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
R000082521
Land Assessment
$5,000
Improvements Assessment
$86,640
Total Assessment
$91,640
  • Listing ID: 40776301

  • Date on Market: 6/3/2026

  • Last Updated:

  • Address: 456 Jeans TLPK, Hemphill, TX 75948

Contact the Sale Advisor

120 Jeans Trailer Park | 456 Jeans TLPK

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