Myra RV Park

$350,000

Property Details

  • County: Cooke
  • Address: 245 Pecan St.
  • Zip: 76252
  • Type: Commercial Property, Ranches, Residential Property
  • City: Myra
  • Price: $350,000
  • Acres: 2
  • State/Zip: Texas 76252
  • Status: Available

TALB Member:

Beau Byars | Agent/Salesperson

Byars Beau
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Property Description

This North Texas RV Park has 1.83 +/- acres, per the tax appraisal district. It is located in the Myra community in Cooke County, TX, 15 minutes west of Gainesville where I-35 & Hwy 82 intersect. It has 13 RV hook-ups, each with electric, water & private septic hook-ups, plus a metal carport. The park is currently fully rented; the past two years have had 10 spots consistently rented.

Each space rents for $450 per month (bills included). Expenses to owner average $1,000 per mo for electric, $35 per mo for water, $1,111.67 annual property taxes (2019). Using a projected 20% vacancy, net income is $42K annually. List price of $350K = a 12% rate of return.

This park is in a quiet rural setting, with a view across miles of pasture land. It is located on the south side of Myra and has residential houses next to it.

LIST PRICE: $350,000

For more information or to see this property in person, contact agent Shawn Dangelmayr at cell phone (940) 727-8978.

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Owner's Schedule C for three years may be disclosed upon verification of Buyer's funds.



245 Pecan St. Myra Texas 76252

© 2016 Texas Alliance of Land Brokers
© 2016 CoStar Group, Inc.