4612 CR 616, ALVARADO, TX 76009
Homes for sale in Alvarado.
Homes for sale in 76009.
List Price$1,500,000
4612 CR 616
Alvarado, TX 76009
Listing #21217452
29
Bedrooms
19 full
Bathrooms
10
Number of Units
Multi-Unit Residential
Type
About This Property
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
Property Features
Location Information
County
Johnson
Subdivision
MD DICKY
Interior Features
Interior
Other
Cooling
Electric
Full Baths
19
Floors
Other
Has Fireplace
No
Appliances
Dishwasher, Electric Range, Microwave
Number of Fireplaces
0
Total Number of Units
10
Heating
Electric
Exterior Features
Stories
1
Pool Description
None, Other
Construction
Aluminum Siding
Lot Description
Acreage, Cleared, Few Trees
Exterior
Awning(s), Balcony
Lot Size in Acres
6
Foundation
Other
Lot Size in Sq. Ft.
261,360
Roof
Metal, Other
Buildings
10
Utilities
Septic Available, Water Available
Building Total Area (Sq. Ft.)
0
Parking Description
No Garage, On Site
Road Description
Dirt
Garage Spaces
0
Is One Story
Yes
Patio / Deck Description
Awning(s), Deck, Front Porch, Balcony
Lot Description
Acreage, Cleared, Few Trees
School
Elementary School District
Alvarado ISD
Jr. High School
Alvarado
Elementary School
Alvarado N
High School
Alvarado
Additional Information
Year Built Details
Preowned
Has a Home Owners Association
No
Property Type
RI
Exclusions
Personal Property
Status
Closed
Community Features
Other
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Schools
Walk Score
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