2089 Fm 2131Coleman, TX 76834

Property Details for 2089 Fm 2131

Year built

1930

Lot size

2.00 AC

Property size (Sq ft)

796 SF

Property type

Commercial real estate

APN

R13387

APU

R13387

Description

This exceptional investment opportunity presents a 20-campsite RV park situated on two acres at a prime highway intersection in Coleman, Texas. The property boasts 30 and 50 amp service, along with 110v outlets at each campsite, ensuring convenient power for all guests. A recently installed septic system and city water supply provide reliable infrastructure. The existing 796 square foot building currently houses laundry facilities, offering significant potential for expansion. This building could easily be converted to include on-site manager housing, a clubhouse, a game room, or other amenities to enhance the park's appeal and profitability. Currently operating at 30% occupancy with a monthly rate of $400 per site, this park presents a strong foundation for growth under new ownership. The location just outside city limits offers a tranquil setting while maintaining easy access to major roadways. The asking price of $500,000 represents a significant value compared to similar established RV parks. This property offers a unique chance to generate income while potentially living rent-free, making it an ideal house-hacking venture. The existing infrastructure and potential for expansion make this a compelling investment opportunity with substantial upside.

• Alternative Use

  Use

  Valuation

  Residential

  $259,751

  Hospitality

  $237,931

  Educational

  $197,956

  Medical

  $204,764

  Retail

  $307,931

Location Insight

City

Coleman

County

Coleman

State

Texas

Latitude

31.7478

Longitude

-99.4254

Property Tax & Assessments

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