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Kingsland Mobile Home Park 1 Specialty Properties Offered at $2,125,000 in Kingsland, TX
Investment Highlights
- Occupancy already improving — 14 of 16 occupied as of Jan 12, 2026, showing strong leasing momentum.
- 16 total park-owned units = full rent control + full turn control (14 mobile homes + 2 cabins).
- Tenant-paid utilities (electric, water, trash) = lower operating burden and more predictable expenses.
- Strong rent growth / stabilization upside: stabilized rents project $265,200/year gross potential with $34,800/year remaining upside at full occupancy
- Turnkey, income-producing asset in the high-demand Lake LBJ / Kingsland corridor with strong rental demand.
- Built-in value-add upside through final lease-up, plus standardized collections and efficient unit turns to stabilize operations.
Executive Summary
Excellent investment opportunity offering 14 single-wide 3-bedroom, 2-bathroom homes (approximately 1,000 square feet each) on individual 0.10-acre lots. This well-maintained park is 100% occupied with strong, consistent rental demand in the growing Lake LBJ corridor. Each unit currently rents for $1,400 per month, providing reliable cash flow with tenants responsible for their own utilities. Operating expenses average approximately 35% of gross income, aligning with typical small-park performance. Based on current numbers, investors can expect a 7% to 8% capitalization rate, with potential upside through modest rent increases or utility restructuring. Located close to schools, shopping, and year-round recreation, this property benefits from Kingsland’s steady population growth and demand for affordable housing. A rare turnkey, stabilized manufactured housing park offering solid income and long-term stability in Central Texas.
Taxes & Operating Expenses (Actual - 2025) |
Annual |
|---|---|
| Gross Rental Income |
$116,127
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$116,127
|
| Taxes |
$8,800
|
| Operating Expenses |
$25,000
|
| Total Expenses |
$33,800
|
| Net Operating Income |
$82,327
|
Taxes & Operating Expenses (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $116,127 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $116,127 |
| Taxes | |
|---|---|
| Annual | $8,800 |
| Operating Expenses | |
|---|---|
| Annual | $25,000 |
| Total Expenses | |
|---|---|
| Annual | $33,800 |
| Net Operating Income | |
|---|---|
| Annual | $82,327 |
Property Facts
| Price | $2,125,000 | Number of Properties | 14 |
| Price / SF | $2,125 / SF | Individually For Sale | 0 |
| Cap Rate | 7.19% | Total Building Size | 1,000 SF |
| Sale Type | Investment | Total Land Area | 1.96 AC |
| Status | Active |
| Price | $2,125,000 |
| Price / SF | $2,125 / SF |
| Cap Rate | 7.19% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 14 |
| Individually For Sale | 0 |
| Total Building Size | 1,000 SF |
| Total Land Area | 1.96 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 902 Odessa St, Kingsland, TX 78639 | Specialty | 1,000 SF | 2020 | - |
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