Kingsland Mobile Home Park Specialty FOR SALE


Kingsland, TX
$2,125,000 USD
512-588-0094
, Kingsland, TX for Sale
$2,125,000 USD
Specialty - FOR SALE
1/22
null | 7.19% Cap Rate

Kingsland Mobile Home Park
Kingsland, TX


HIGHLIGHTS

  • Occupancy already improving — 14 of 16 occupied as of Jan 12, 2026, showing strong leasing momentum.
  • Strong rent growth / stabilization upside: stabilized rents project $265,200/year gross potential with $34,800/year remaining upside at full occupancy
  • 16 total park-owned units = full rent control + full turn control (14 mobile homes + 2 cabins).
  • Turnkey, income-producing asset in the high-demand Lake LBJ / Kingsland corridor with strong rental demand.
  • Tenant-paid utilities (electric, water, trash) = lower operating burden and more predictable expenses.
  • Built-in value-add upside through final lease-up, plus standardized collections and efficient unit turns to stabilize operations.

OVERVIEW

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.

ASK ABOUT THIS PROPERTY

Katie SimonLake Life Team brokered by eXp Realty,LLCMore Info
512-588-0094

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Katie SimonLake Life Team brokered by eXp Realty,LLCMore Info
512-588-0094

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.