AUSTIN, TEXAS · YOUR LOCAL REAL ESTATE CONNECTION(512) 710-0337
AUSTIN LOCAL TEAM · UNLOCK MLS
1500 State Highway 72 None W
Yorktown, TX, 78164
Active
$975,000
Asking sale price
Listed by All Hands Real Estate · Chris Kappmeyer
Listing attribution contact: (512) 327-1994
MLS #6879717 · Active
Listings courtesy of Unlock MLS as distributed by MLS GRID.
Data obtained . Listing modified .
Photos are not available.
Check with the listing team for current property images.
0 listing photos in this listing update.
0Bedrooms
0Bathrooms
2020Year built
Mobile Home ParkProperty type
THE HOME, IN THE LISTING AGENT’S WORDS
A closer look.
This is an actively cash-flowing residential campus at 1500 State Highway 72 W in Yorktown, TX, currently generating $16,500 per month under a 5-year lease offering an investor immediate, stabilized income at the time of acquisition. The property features 10 residential homes (valued at approximately $60k each) across +/- 13.3 acres spanning two tracts: eight 4-bedroom/4-bath homes, one 3-bedroom/2-bath, and one 2-bedroom/2-bath, all currently leased. Known operating expenses include internet service, trash removal, landscaping on an as-needed basis, a $105 annual water well permit, and $500 per year in sewer maintenance, with monthly electricity ranging from approximately $2,300 to $3,600. Annual property taxes are estimated at $1,700, an exceptionally low tax burden relative to the income the property generates. Electrical, sewer, and water are all on site, and there is additional room on the property that may present future development or expansion potential. This is one of the most compelling income-producing assets in the portfolio, combining a long-term lease, a diverse housing mix, and low operating overhead in a single acquisition. Current tenants have been in place for 3 years.
THE DETAILS THAT SHAPE YOUR DAY
Reported property facts
Property type
Commercial Sale
Property subtype
Mobile Home Park
Bedrooms
0
Bathrooms
0
Lot acres
13.3
Year built
2020
Parking spaces
0
Features & finishes
sewer+
Public Sewer
cooling+
See Remarks
heating+
See Remarks
parking+
None
flooring+
See Remarks
utilities+
Electricity Connected
water Source+
Public
construction+
See Remarks
accessibility+
None
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Presented by Austin Local Team · All City Real Estate, ltd. Co. · (512) 710-0337
Listings courtesy of Unlock MLS as distributed by MLS GRID.
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