500 Willow Ln, San Augustine, TX 75972

$1,500,000

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List Price
$1,500,000
Price Change
▼ $100,000 1781210224
MLS#
21098358
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Construction Status
Preowned
Acres
12.10
County
San Augustine
City
San Augustine
Subdivision
NA

Property Description

Fantastic investment opportunity in the heart of San Augustine! This well-maintained mobile home park sits on 12.1 acres within the city limits and offers city water and sewer. The property currently includes 13 mobile homes, with 12 park-owned units, 11 of which are only a few years old (2022) and in excellent condition. The park is designed for up to 48 total spaces, providing tremendous growth potential. 11 additional sites are ready for immediate setup, already equipped with concrete parking pads, electric, water, and sewer connections. An additional 24 sites are available for future expansion and development. Each existing home enjoys a paved parking spot and separately metered utilities, allowing residents to pay for their own electric, water, sewer, and trash service. Located near historic downtown San Augustine, this property offers easy access to shopping, dining, schools, and area employers. It’s just a short drive to beautiful Lake Sam Rayburn, known for fishing, boating, and outdoor recreation, making this location attractive for both long-term residents and weekend visitors alike. With strong rental demand and significant room for growth, this property is an investment opportunity ready to generate income today and expand for the future. Sellers also have another established mobile home park available just down the road in Nacogdoches, offering an opportunity to expand your portfolio in East Texas.

Additional Information

Unexempt Taxes
$14,673
Lot Size
527,076
Acres
12.10
Flooring
Other
Foundation
Block, Other
Roof
Shingle
Building Stories
1
Parking Garage
Paved
Possession
CloseOfEscrow
Business Name
Angelina Estates
Proposed Use
Other
Inclusions
Business, Land & Improvements

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Lisa Muncrief from Exit Realty Pro. Contact: 903-567-7777

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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