12700 Mineral Wells Highway, Unit 1
Property Description
100% Bonus Depreciation Opportunity - Acquire now to take advantage of immediate write-offs under current tax law, significantly enhancing first-year returns. This park is 100% full and will be for the next couple of years due to the pipeline being built. Turnkey RV Park with Scenic Views, Multiple Rental Units & Expansion Potential - Next to Mineral Wells State Park Rare opportunity to acquire a RV park in a prime location. This income-producing property features 26 full hook-up RV sites, each with 30 & 50 amp service and individually metered electric, allowing for streamlined utility management and tenant responsibility. Perched on a hilltop, the park offers beautiful panoramic views and direct proximity to Mineral Wells State Park, attracting outdoor enthusiasts, weekend travelers, and long-term guests alike. Key Features: 26 full hook-up RV spaces (individually metered for electric). 2 bed, 2.5 bath brick home currently leased as a long-term rental. 1,300 SF barndominium apartment generating additional rental income. 1,300 SF of enclosed storage space that could be made into another apartment. Three fully functional tiny homes, ideal for short or long-term rentals. One additional tiny home ready for renovation and increased revenue. City water provided through a rural water supply company. Septic system in place. Amenities include a laundry shower room, dog run, community fire pit, grills, and picnic tables. Sitting on over 9 acres, the property includes 4 acres of undeveloped land, perfect for expanding RV sites, adding cabins, glamping units, or other recreational amenities. There are lots of areas for value add. Whether you're looking to grow your hospitality portfolio or operate a profitable lifestyle business in a sought-after Texas location, this property offers strong cash flow and significant upside potential.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,195,000 |
| No. of Units: | 28 |
| Year Built: | 1999 |
| Opportunity Zone: | No |
| Price per unit: | $42,679 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-NTREIS-21060034
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