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Front Porch RV Park 9538 I-20 Frontage Rd 40 Unit Mobile Home Park $1,990,000 ($49,750/Unit) 8.14% Cap Rate Merkel, TX 79536



Investment Highlights
- I-20 Frontage
- Turn Key
Executive Summary
Front Porch RV Park offers an exciting opportunity to own a thriving property with room to grow, perfectly positioned along the highly traveled I-20 corridor in Merkel, Texas. Spanning nearly 12 acres, this inviting destination features 40+ established RV sites with ample space to expand and add even more income-producing spots. The property is thoughtfully equipped with a 960 sq ft office space for operations, a spacious three-sided metal structure ideal for gatherings and events, and a refreshing pool with a large concrete patio that creates a welcoming atmosphere for guests to relax and connect. Additional improvements include a 500 sq ft shop for storage or maintenance, a substantial 2,312 sq ft building formerly operated as a restaurant offering excellent potential for a café, store, or entertainment venue, and a comfortable 1,024 sq ft home on site. With excellent visibility, versatile improvements, and significant expansion potential, Front Porch RV Park blends charm, functionality, and opportunity into one dynamic investment.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$342,000
|
$154.68
|
| Other Income |
$15,000
|
$6.78
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$357,000
|
$161.47
|
| Taxes |
$13,879
|
$6.28
|
| Operating Expenses |
$180,000
|
$81.41
|
| Total Expenses |
$193,879
|
$87.69
|
| Net Operating Income |
$163,121
|
$73.78
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $342,000 |
| Annual Per SF | $154.68 |
| Other Income | |
|---|---|
| Annual | $15,000 |
| Annual Per SF | $6.78 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $357,000 |
| Annual Per SF | $161.47 |
| Taxes | |
|---|---|
| Annual | $13,879 |
| Annual Per SF | $6.28 |
| Operating Expenses | |
|---|---|
| Annual | $180,000 |
| Annual Per SF | $81.41 |
| Total Expenses | |
|---|---|
| Annual | $193,879 |
| Annual Per SF | $87.69 |
| Net Operating Income | |
|---|---|
| Annual | $163,121 |
| Annual Per SF | $73.78 |
Property Facts
| Price | $1,990,000 | Apartment Style | Garden |
| Price Per Unit | $49,750 | Building Class | B |
| Sale Type | Investment | Lot Size | 11.40 AC |
| Cap Rate | 8.14% | Building Size | 2,211 SF |
| Sale Condition | Business Value Included | Average Occupancy | 98% |
| No. Units | 40 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1980/2010 |
| Property Subtype | Manufactured Housing/Mobile Home | Parking Ratio | 3.17/1,000 SF |
| Zoning | Multi-Family - Mobile home with land (A1) | ||
| Price | $1,990,000 |
| Price Per Unit | $49,750 |
| Sale Type | Investment |
| Cap Rate | 8.14% |
| Sale Condition | Business Value Included |
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 11.40 AC |
| Building Size | 2,211 SF |
| Average Occupancy | 98% |
| No. Stories | 1 |
| Year Built/Renovated | 1980/2010 |
| Parking Ratio | 3.17/1,000 SF |
| Zoning | Multi-Family - Mobile home with land (A1) |
Amenities
Site Amenities
- Fenced Lot
- Pool
- Gameroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 37 | - | - |
Property Taxes
| Parcel Number | 50514 | Total Assessment | $510,232 (2025) |
| Land Assessment | $41,878 (2025) | Annual Taxes | $13,879 ($6.28/SF) |
| Improvements Assessment | $468,354 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
50514
Land Assessment
$41,878 (2025)
Improvements Assessment
$468,354 (2025)
Total Assessment
$510,232 (2025)
Annual Taxes
$13,879 ($6.28/SF)
Tax Year
2026
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Videos
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Matterport 3D Tour
Photos
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Front Porch RV Park | 9538 I-20 Frontage Rd
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