$425,000
 $2,281 est/mo Sourced by Back At You

14821 Lucas Drive, Splendora Tx 77372,Splendora, TX 77372

Splendora, TX 77372

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Description

5 units at the Splendora location and 3 units at the Cleveland location! 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.

Details

MLS #8130716
Listing TypeFor Lease
StatusActive
Year1980
Days On Site12
Listing Provided ByeXp Realty, LLC | Adam Olsen

Features

SQ Feet896
Story(s)1
Units8
Acreage0.74

Taxes

Property2034

Area Information

StateTX
CountyMontgomery
CitySplendora
Zip Code77372
Area40
SubareaCleveland Area
School District47 - Splendora
Elementary SchoolPeach Creek Elementary School
High School47 - Splendora
Listing VS Median (in 77372)
Price:
$425,000
low | high
Med:
$244,000
92.588235294118% of Average
sqft:
896
low | high
Med:
2,158
90.848214285714% of Average
$ / sqft:
$474
low | high
Med:
$113
100% of Average
On site:
12
low | high
Med:
12
100% of Average
Sourced by Back At You

Market Activity 77372

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Learn More About This Property

StateTX
CountyMontgomery
CitySplendora
Zip Code77372
Area40
SubareaCleveland Area
School District47 - Splendora
Elementary SchoolPeach Creek Elementary School
High School47 - Splendora
Listing VS Median (in 77372)
Price:
$425,000
low | high
Med:
$244,000
92.588235294118% of Average
sqft:
896
low | high
Med:
2,158
90.848214285714% of Average
$ / sqft:
$474
low | high
Med:
$113
100% of Average
On site:
12
low | high
Med:
12
100% of Average
Sourced by Back At You
Listing Updated: October 27, 2026 at 8:48:19 PM PDT
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