14821 LUCAS DRIVE, SPLENDORA, TX 77372
Homes for sale in Splendora.
Homes for sale in 77372.
List Price$525,000
14821 Lucas Drive
Splendora, TX 77372
Listing #8130716
896
Square Feet
8
Number of Units
Multi-Unit Residential
Type
About This Property
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 Features
Location Information
County
Montgomery
Longitude
-95.158705
MLS Area
Cleveland Area
Subdivision
NA
Latitude
30.229099
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.
Interior Features
Total Number of Units
8
Exterior Features
Stories
1
Lot Size in Acres
0
Is New Construction
No
Lot Size in Sq. Ft.
32,409
Construction
Other
Is One Story
Yes
School
School District
Splendora
Middle School
SPLENDORA JUNIOR HIGH
Elementary School
PEACH CREEK ELEMENTARY SCHOOL
High School
SPLENDORA HIGH SCHOOL
Additional Information
Finance Available
Cash, Conventional
Year Built
1980
Property Type
RI
Status
Active
Property SubType
Detached
Similar Listings
Mortgage Calculator
$2,450
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,891
Monthly Tax
$437
Monthly Insurance
$122
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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