
$1,500,000 USD
Home for Sale, 4612 Cr 616, Alvarado, Texas 76009
- MLS#21217452
- 29
- 19
Listed By CENTURY 21 Judge Fite Company
The Home for Sale located at 4612 Cr 616, Alvarado, Texas 76009 is currently for sale. 4612 Cr 616, Alvarado, Texas 76009 is listed for $1,500,000. This property has 29 bedrooms, 19 bathrooms.
Property features
Property
- Features: PorchBalconyDeckEnclosed Porch
Lot/Land
- Land/Lot size:
1 m² (6 ft²) - Lot description: Open Lot
Construction
- Year built: 9999
- Roofing: Metal
- Exterior: Aluminum Siding
Parking/Garage
- Parking spaces: 10
Bedrooms
- Bedrooms: 29
Bathrooms
- Total bathrooms: 19
- Full bathrooms: 19
Exterior Features
- Outdoor spaces: PorchBalconyDeck
- Carport spaces:
Heating and Cooling
- Cooling system: Central Air Conditioning-Electric
Utilities
- Other utilities: Septic Tank
Description
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
Location
4612 Cr 616, Alvarado, Texas 76009