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Horizon Dr 40.77 Acres of Commercial Land Offered at $4,250,000 in West Tawakoni, TX 75474
Investment Highlights
- City water and city sewer — residents hold their own accounts, no master meter or septic
- Dallas–Fort Worth–Arlington MSA, roughly an hour east of downtown Dallas
- 32 acres of excess land for expansion within an existing income-producing community
- 27 park owned homes with no rent-to-own contracts encumbering the inventory
Executive Summary
Infrastructure:
The community is served by city water and city sewer, with residents establishing their own utility accounts directly, as they do for electric and internet. There is no master meter, no submetering capital requirement, and no private septic or wastewater system to permit and maintain. For an asset of this size, that infrastructure profile removes an entire category of operating cost and administrative burden from ownership.
Unit Mix:
The community comprises 27 park owned homes, 3 tenant owned homes, and 1 vacant lot. No rent-to-own contracts encumber the home inventory, leaving the homes unencumbered and available for sale to residents at a future owner's election.
Operations:
Current ownership has repositioned the community by removing non-paying residents inherited from prior management, rehabilitating homes, and returning units to rent-ready condition.
Expansion:
Approximately 32 acres of the site remain undeveloped, offering room to expand an existing, income-producing community rather than entitle new development in a submarket where new community construction is rare.
Property Facts
| Price | $4,250,000 | Proposed Use | Manufactured Homes or Mobile Home Park |
| Sale Type | Investment | Total Lot Size | 40.77 AC |
| No. Lots | 1 | Cross Streets | Beth Ln |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial |
| Price | $4,250,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Manufactured Homes or Mobile Home Park |
| Total Lot Size | 40.77 AC |
| Cross Streets | Beth Ln |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $4,250,000 | Lot Size | 40.77 AC |
| Price Per AC | $104,243.32 |
| Price | $4,250,000 |
| Price Per AC | $104,243.32 |
| Lot Size | 40.77 AC |
Description
New Horizon Community is a 31-site manufactured housing community located on Horizon Drive in West Tawakoni, Hunt County, Texas. The property sits on the north shore of Lake Tawakoni, a 37,879-acre reservoir spanning three counties, and falls within the Dallas–Fort Worth–Arlington MSA approximately one hour east of downtown Dallas. The site totals 40.767 acres, with roughly 8 acres improved and the balance held as undeveloped land. Interior sites are arranged along Beth Lane and Gayle Lane, with additional frontage on Emily. The community is accessed from State Highway 276, the primary east–west corridor serving the Lake Tawakoni communities, with Quinlan approximately six miles west and Greenville approximately 22 miles north via State Highway 34. Wills Point and Interstate 20 lie roughly 13 miles south.
Contact the Sale Advisor
Horizon Dr