$1,300,000

12700 Mineral Wells Hwy Unit 1 Weatherford, TX 76088

Estimated payment $7,424/month

Total Views 2,319
-- Bed
-- Bath
2,200 Sq Ft
$591 Price per Sq Ft

Highlights

  • 1-Story Property
  • Central Heating and Cooling System
  • Ceiling Fan
  • Luxury Vinyl Plank Tile Flooring

About This Home

100% Bonus Depreciation Opportunity – Acquire now to take advantage of immediate write-offs under current tax law, significantly enhancing first-year returns.
This park is 100% full and will be for the next couple of years due to the pipeline being built.

Turnkey RV Park with Scenic Views, Multiple Rental Units & Expansion Potential – Next to Mineral Wells State Park

Rare opportunity to acquire a RV park in a prime location. This income-producing property features 26 full hook-up RV sites, each with 30 & 50 amp service and individually metered electric, allowing for streamlined utility management and tenant responsibility.

Perched on a hilltop, the park offers beautiful panoramic views and direct proximity to Mineral Wells State Park, attracting outdoor enthusiasts, weekend travelers, and long-term guests alike.

Key Features:

26 full hook-up RV spaces (individually metered for electric).

2 bed, 2.5 bath brick home currently leased as a long-term rental.

1,300 SF barndominium apartment generating additional rental income.

1,300 SF of enclosed storage space that could be made into another apartment.

Three fully functional tiny homes, ideal for short or long-term rentals.

One additional tiny home ready for renovation and increased revenue.

City water provided through a rural water supply company.

Septic system in place.

Amenities include a laundry shower room, dog run, community fire pit, grills, and picnic tables.

Sitting on over 9 acres, the property includes 4 acres of undeveloped land, perfect for expanding RV sites, adding cabins, glamping units, or other recreational amenities. There are lots of areas for value add.

Whether you're looking to grow your hospitality portfolio or operate a profitable lifestyle business in a sought-after Texas location, this property offers strong cash flow and significant upside potential.

Listing Agent

Sherry Patterson

Aspire Investments LLC Brokerage Phone: 817-666-3336 License #0663367 Listed on: 09/14/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,272

Year Built

  • Built in 1999

Lot Details

  • 9.24 Acre Lot
  • Steep Slope
  • Few Trees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan

Flooring

  • Concrete
  • Luxury Vinyl Plank Tile

Parking

  • No Garage
  • Assigned Parking

Schools

  • Houston Elementary School
  • Mineralwel High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number R000048622

Community Details

Overview

  • 2 Buildings
  • 28 Units
  • 2,200 Sq Ft Building
  • Eagle's Nest Rv Park Subdivision

Building Details

  • Gross Income $226,908
  • Net Operating Income $146,990

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,272

Year Built

Built in 1999

Lot Details

0

Listing Details

  • OWNERNAME: of record
  • Property Type: Residential Income
  • Unit Levels: One
  • Year Built Details: Preowned
  • Attribution Contact: 817-666-3336
  • CapRate: 11.31
  • Co List Office Mls Id: FRMH00FW
  • HumanModifiedYN: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48367:R000048622
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Built: 1999

Interior Features

  • Interior Amenities: Other
  • Flooring: Concrete, Luxury Vinyl Plank

Exterior Features

  • Foundation: Slab
  • Roof: Composition, Metal
  • Construction Materials: Brick, Metal Siding
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s)
  • Parking Features: Assigned, No Garage
  • GarageYN: No

Utilities

  • Sewer: Septic Tank
  • Heating: Central
  • Utilities: Septic Available, Water Available
  • Heating Yn: Yes

Schools

  • Elementary School: Houston
  • High School: Mineralwel
  • Junior High Dist: Mineral Wells ISD

Lot Info

  • Lot Features: Acreage, Steep Slope, Few Trees
  • Lot Size Units: Acres
  • Lot Size Area: 9.244
  • Parcel Number: R000048622
  • Lot Size Acres: 9.244
  • Lot Size Sq Ft: 402668.64

Building Info

  • Year Built: 1999
  • Units Total: 28

Multi Family

  • Insurance Expense: 6000.0
  • Annual Gross Income: 226908.0
  • Property Net Operating Income: 146990.0

Tax Info

  • Tax Annual Amount: 7272.0

MLS Schools

  • MiddleOrJuniorSchool: Mineralwel

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2025 09/14/25 For Sale $1,300,000 -- $591 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21060034

North Texas Real Estate Information Systems (NTREIS)