New Horizon Community
West Tawakoni, TX
Asking price
$4,250,000
Sites
—
Cap rate
—
Price / site
—
About this property
JTACR Real Estate Group is pleased to present New Horizon Community, a 31-site manufactured housing community in West Tawakoni, Texas, positioned on the north shore of Lake Tawakoni within the Dallas–Fort Worth–Arlington MSA and roughly an hour east of downtown Dallas. The property spans 40.767 acres, of which approximately 8 acres are developed. Infrastructure: The community is served by city water and city sewer, with residents establishing their own utility accounts directly, as they do for electric and internet. There is no master meter, no submetering capital requirement, and no private septic or wastewater system to permit and maintain. For an asset of this size, that infrastructure profile removes an entire category of operating cost and administrative burden from ownership. Unit Mix: The community comprises 27 park owned homes, 3 tenant owned homes, and 1 vacant lot. No rent-to-own contracts encumber the home inventory, leaving the homes unencumbered and available for sale to residents at a future owner's election. Operations: Current ownership has repositioned the community by removing non-paying residents inherited from prior management, rehabilitating homes, and returning units to rent-ready condition. Expansion: Approximately 32 acres of the site remain undeveloped, offering room to expand an existing, income-producing community rather than entitle new development in a submarket where new community construction is rare.
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 | $4,250,000 |
|---|---|
| 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.
