14821 Lucas Dr, Splendora, TX 77372

$525,000
896
SqFt

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List Price
$525,000
Status
ACTIVE
MLS#
8130716
Days on Market
43
Year Built
1980
Living Area
896
Lot Size
32,409
Lot Size Source
Appraiser
Subdivision
Na
Region
40
Market Area
Cleveland Area
County
Montgomery

Property Description

Don't miss this unique chance to own an 8-unit mobile home portfolio, one being in an area where new mobile home parks are no longer permitted, making opportunities like this increasingly rare and highly desirable. With four active tenants already in place, this property offers immediate income potential and a strong foundation for future improvements. The portfolio includes multiple units with upside potential, making it an ideal opportunity for investors looking to increase cash flow through renovations and property enhancements. Several homes could benefit from updates, providing the perfect chance to implement a strategic improvement plan. Whether you're expanding an existing portfolio or entering the mobile home park investment sector, this one-of-a-kind property offers a combination of current occupancy, long-term demand, and limited future competition due to zoning restrictions in the Splendora area. Schedule your showing today!

Additional Information

Finance Available
Cash, Conventional
Taxes
$2,034
Neighborhood
Cleveland Area
Heating
Central, Electric
Cooling
Central Air, Electric, Window/Wall
Stories
1
Roof
Metal
School District
Splendora
Elementary School
Peach Creek Elementary School
Middle School
Splendora Junior High
High School
Splendora High School

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of eXp Realty, LLC.