Courtesy: CENTURY 21 Judge Fite Company
972-723-8231
Exceptional income-producing investment opportunity on 6 acres in Alvarado featuring a 10-unit mobile home park with strong cash-flow potential and long-term upside. The property includes 6 double-wide and 4 single-wide manufactured homes, comprised of nine 3-bedroom, 2-bath units and one 2-bedroom, 1-bath unit, offering an attractive unit mix for sustained tenant demand. Improvements include a 30x40 metal building, one two-car garage, one one-car garage, and six portable storage buildings, adding functional value and additional utility for operations or tenant use. Infrastructure enhancements include underground internet service through Johnson County Electric Cooperative, supporting modern tenant needs. Nine of the ten homes feature metal roofs, reducing long-term maintenance concerns and improving durability. Established rental income with value-add potential through operational improvements, rent optimization, or future site expansion. Positioned in a growing market with continued demand for affordable housing, this asset presents an ideal opportunity for investors seeking stable returns and portfolio growth. Convenient access to major thoroughfares enhances tenant accessibility while maintaining a desirable rural setting. Rare chance to acquire a scalable manufactured housing investment with immediate income and future appreciation potential
Courtesy: Compass RE Texas, LLC
214-814-8100
An abundance of amenities await... BRAND NEW 1 bedroom, 1 bathroom apartments in a quiet, secure country setting with gated access and monitored surveillance. All apartments have brand new stackable washer and dryers in each unit, and new stainless appliances, including refrigerator. Units have many accessibility features including 36” doors, and oversized bathrooms with curb-less walk in shower. Covered carport parking. Secure dog park.
Alvarado is located in Texas. Alvarado, Texas has a population of 4,660. Alvarado is more family-centric than the surrounding county with 37.58% of the households containing married families with children. The county average for households married with children is 36.15%.
The median household income in Alvarado, Texas is $60,264. The median household income for the surrounding county is $70,767 compared to the national median of $69,021. The median age of people living in Alvarado is 29.4 years.
The average high temperature in July is 94.9 degrees, with an average low temperature in January of 32.9 degrees. The average rainfall is approximately 37.7 inches per year, with 0.5 inches of snow per year.
