5110 Meyers LnWaco, TX 76705

For Sale
$350,000

Profitable RV Park, Waco, TX

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 3.095-acre RV park in Waco, Texas, presents a unique investment opportunity. Currently featuring 20 RV pads, the property boasts a prime location less than two miles from Interstate 35 and just an eleven-minute drive from the renowned Magnolia Silos, ensuring high tourism potential. Built in 2000, the park is priced at $350,000, or $17,500 per pad. While currently vacant due to local regulations requiring upgrades to restroom and laundry facilities, this presents a chance to enhance the property and capitalize on its strong location. The existing infrastructure provides a solid foundation for immediate development. Significant upside potential exists through the development of additional RV pads on the wooded acreage, catering to the growing tourism market. The property's proximity to major transportation routes and popular attractions makes it ideally positioned for success once the necessary improvements are completed. This is an excellent opportunity for an investor seeking a high-return project with significant growth potential in a thriving Texas market. The address is 5110 Meyers Ln, Waco, TX 76705.

Highlights

  • 3.095-acre RV park in Waco, TX, near I-35 and Magnolia Silos.
  • 20 existing RV pads, priced at $350,000 ($17,500/pad).
  • Currently vacant, requiring restroom/laundry upgrades; presents value-add opportunity.
  • Develop additional RV pads on wooded acreage.
  • Capitalize on tourism demand via short-term rentals.

Property Details for 5110 Meyers Ln

Property type
Multifamily properties, Mobile home & RV parks
Year Built
2000
Lot Size (sq. ft)
134,818 SF

Location Insight

City
Waco
County
McLennan
State
Texas
Latitude
31.626726
Longitude
-97.0793769
5110 Meyers Ln, Waco, Texas

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5110 Meyers Ln
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