111 Westbrook LnElgin, TX 78621

Property Details for 111 Westbrook Ln

Year built

2024

Lot size

23.31 AC

Property type

Mobile home & RV parks

Property subtype

Campgrounds

Description

This exceptional Class A RV park development presents a lucrative investment opportunity in the rapidly growing Elgin, Texas market. Located at 111 Westbrook Ln, Elgin, TX 78621, this 23.31-acre property boasts 157 units, with 143 sites remaining to be developed. The park is strategically positioned as the closest RV park to downtown Elgin, capitalizing on the high demand fueled by the expanding Austin metro area and proximity to the Samsung plant in Taylor. Development plans are fully approved, with permits secured and impact fees paid. Only minimal remaining park fees ($800 total) are required for the completion of the remaining 143 sites. Phase I of the development is already completed, with land leveled and ready for occupancy. Phase II plans are also in place. The city's approval streamlines the transition for new ownership. This resort-style RV park will feature amenities including a recreational center, swimming pool, basketball court, and outdoor adventure areas, further enhancing its appeal and potential for high occupancy rates. The asking price is $2,700,000, representing a price per unit of $17,197.45. This property is ideally suited for investors seeking a turnkey operation in a high-growth market with significant upside potential. The property was built in 2024 and is situated in Bastrop County.

Location Insight

City

Elgin

County

Bastrop

State

Texas

Latitude

30.3543

Longitude

-97.3597

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