185 Mitchell DrSpring Branch, TX 78070

Property Details for 185 Mitchell Dr

Year built

2020

Lot size

5.10 AC

Property size (Sq ft)

3,792 SF

Property type

Commercial real estate

APN

10-0150-0001-01

APU

100150000101

Description

This exceptional 5.02-acre mobile home park in Spring Branch, Texas, presents a compelling value-add investment opportunity. Located in Comal County, the property boasts 40 RV spaces, each with 30-amp and 50-amp service connections, and features granite paving. A rentable cabin and additional amenities, including a clubhouse and laundry room, further enhance the property's income potential. The park currently enjoys an average occupancy of 6-7 months, offering significant upside through rent increases, the addition of more rentable spaces (potentially 4-5 more), or the development of a tiny home community for longer-term leases. Its strategic location, just 0.37 miles from Highway 46 (19,866 vehicles daily) and 2.7 miles from Highway 281 (40,488 vehicles daily), provides exceptional visibility and accessibility. The property is zoned OCL and is situated near prominent retail centers in Bulverde, ensuring a strong customer base. This turnkey operation offers immediate income generation with substantial potential for future growth and profitability. The existing infrastructure includes an office with executive office suites. The opportunity to charge for laundry services further enhances the revenue stream. This is a rare chance to acquire a well-established, income-producing asset with significant upside potential in a thriving Texas market.

• Alternative Use

  Use

  Valuation

  Residential

  $814,638

  Hospitality

  $746,204

  Educational

  $620,833

  Medical

  $642,185

  Retail

  $965,740

Location Insight

City

Spring Branch

County

Comal

State

Texas

Latitude

29.81

Longitude

-98.3784

CBSA code

41700

CBSA name

SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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