14821 Lucas DriveSplendora, TX 77372

Description

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. Schedule your showing today!

Property Information

Property type

Residential Income

Sub-type

Multi Family

Year built

1980

Living area

896 Sq Ft

Lot size

0.74 acres

Days on market

101

MLS^® Listing#

8130716

Property Features

Cooling

Electric · Window Unit(s)

Heating

Electric

Flooring

Carpet · Laminate

Construction

Other

Roof

Metal

Schools

Elementary

Peach Creek Elementary School

Middle

Splendora Junior High

High

Splendora High School

Financial Details

Annual taxes

$2,034Tax year 2025

Parcel number

38616

Directions

To Splendora: From I-45 S, take exit 87, then turn left onto W Davis St. Continue for 3.3 miles, then turn right onto FM 3083. In 7.1 miles, turn left onto FM 2090. Continue for 11 miles and turn left onto Hwy 59 N and turn right onto FM 2090. In .2 miles, turn right onto Lucas Dr. The destination will be on your left. To Cleveland: From Lucas Dr, turn right onto FM 2090 and continue for 4.4 miles. Turn right onto County Rd 328 S and continue for 6 miles. The destination will be on your left.