10-Lot Mobile Home Park on 2 Acres Near Lake Palestine -Could Be RV or Tiny Home Community 4540 Fm 315 S.
Chandler, TX
Asking price
$350,000
Sites
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Cap rate
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Price / site
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About this property
Excellent value-add infrastructure and redevelopment opportunity located at 4540 FM 315 S., Chandler, TX. This established 10-lot mobile home park spans 2 accessible acres and features heavy, park-grade infrastructure already in place. Located in a high-demand recreational corridor, the site offers immediate proximity to Lake Palestine and a public boat ramp, while maintaining seamless commuter access to Highway 155, Highway 31, and Tyler. INFRASTRUCTURE & UTILITY HIGHLIGHTS: * Lot & Acreage Count: 10 developed mobile home lots neatly laid out over 2 acres. * Sewer/Wastewater: Fully equipped with TWO (2) heavy-duty commercial septic systems. (1 RV/Park Model Home currently connected directly to septic). * Electricity: Separate electric meters are installed for each individual lot. * Water Setup: 8 of the lots feature separate, individual water meters where tenants pay their own bills directly. 2 lots share a single water meter (owner-paid water expense). * Operations: Sold strictly as a clean-slate asset. There are NO active books, NO historical financial records, and NO current tenants. (We do have 2 long term tenants but we will have them leave before closing). INVENTORY & CONDITION: * Park-Owned Homes (POHs): Includes 8 total park-owned mobile homes. These units are strictly project-grade and require either complete rehabilitation or total removal by the buyer to clear the way for incoming manufactured homes, tiny homes, or RVs. * Flexible Layout: While originally built as a traditional mobile home park, the infrastructure easily accommodates transition into an RV park or tiny home community. * Sale Terms: This property is being sold strictly as a land, infrastructure, and redevelopment play. Selling due to distance and health. This has been a 20 year family asset. Will consider reasonable offers. CASH only.
All details
Figures are transcribed from the source listing as published. “Source page last checked” is when our crawler last fetched that page — it is not a check of the financials and not confirmation from the broker.
| Asking price | $350,000 |
|---|---|
| First seen by UnitListed | Sep 6, 2026 |
| Source page last checked | Oct 24, 2026 |
Before you call the broker
8 things are not disclosed on this listing. These are the questions that would close the gap — specific to a park, not a generic list.
Net operating income — not disclosed
What is the trailing twelve-month NOI, and what does it include and exclude?
The single number a lender will size debt against. Ask what is excluded — management fees and reserves are the usual omissions.
What period the financials cover — not disclosed
Are these figures trailing twelve months, last calendar year, or projected?
A projected stabilised NOI and a current operating NOI can differ by a third, and both get called "NOI".
Gross income and operating expenses — not disclosed
Can you share a trailing twelve-month profit and loss, with the expense lines itemised?
NOI alone hides whether income is high or expenses are being under-reported. The split is what you underwrite.
Reason for sale — not disclosed
Why is the owner selling, and how long have they held it?
Never published on a listing, always worth knowing. Retirement and a looming capital bill are very different situations.
Site count and hookup mix — not disclosed
How many sites are there, and how many are full-hookup, partial or tent?
Full-hookup sites earn a multiple of what a tent site does. The count alone does not tell you the income.
Operating season and seasonal mix — not disclosed
Is this year-round or seasonal, and what is the split between seasonal, monthly and transient guests?
A seasonal park with a five-month window is a different business from a year-round one at the same annual revenue.
Utility infrastructure — not disclosed
Are water, sewer and electric municipal or private, and what condition is the infrastructure in?
A private septic or well at end of life is a capital item that can exceed a year of NOI, and it will not appear in the expenses.
Permits and non-conforming use — not disclosed
Is the current site count permitted, and is any of it legal non-conforming?
A park operating more sites than it is permitted for cannot be financed at the income it shows.
Asking price — disclosed
Currency of the asking price — disclosed
Whether the land is included — disclosed
What has changed
Every date below is when we observed a change, not when it happened. We first saw this listing on Sep 6, 2026; that is not the same as when it came to market, and we have no way to know the latter.
- Sep 6, 2026First seen by UnitListed
The asking price has not changed across any of our observations.
