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12700 Mineral Wells Highway #1

Weatherford, TX 76088

$1,195,000

28 units · 1999

Units28
Building area2,200 sq ft
Year built1999
Gross income$226,908/yr
Cap rate12.3% as listed
Parking56 spaces
Lot size9.244 acres
TypeResidential Income

What it costs to own

Taxes$7,272 per year
HOANone listed
Operating expenses$79,917 per year — as listed
Insurance$6,000 per year — as listed
Net operating income$146,990 per year — as listed

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

100% Bonus Depreciation Opportunity – Acquire now to take advantage of immediate write-offs under current tax law, significantly enhancing first-year returns.
This park is 100% full and will be for the next couple of years due to the pipeline being built.

Turnkey RV Park with Scenic Views, Multiple Rental Units & Expansion Potential – Next to Mineral Wells State Park

Rare opportunity to acquire a RV park in a prime location. This income-producing property features 26 full hook-up RV sites, each with 30 & 50 amp service and individually metered electric, allowing for streamlined utility management and tenant responsibility.

Perched on a hilltop, the park offers beautiful panoramic views and direct proximity to Mineral Wells State Park, attracting outdoor enthusiasts, weekend travelers, and long-term guests alike.

Key Features:

26 full hook-up RV spaces (individually metered for electric).

2 bed, 2.5 bath brick home currently leased as a long-term rental.

1,300 SF barndominium apartment generating additional rental income.

1,300 SF of enclosed storage space that could be made into another apartment.

Three fully functional tiny homes, ideal for short or long-term rentals.

One additional tiny home ready for renovation and increased revenue.

City water provided through a rural water supply company.

Septic system in place.

Amenities include a laundry shower room, dog run, community fire pit, grills, and picnic tables.

Sitting on over 9 acres, the property includes 4 acres of undeveloped land, perfect for expanding RV sites, adding cabins, glamping units, or other recreational amenities. There are lots of areas for value add.

Whether you're looking to grow your hospitality portfolio or operate a profitable lifestyle business in a sought-after Texas location, this property offers strong cash flow and significant upside potential.

The details

HeatingCentral
CoolingCeiling Fan(s), Central Air
FlooringConcrete, Luxury Vinyl Plank
AppliancesOther
Interior featuresOther

Construction materialsBrick, Metal Siding
RoofComposition, Metal
FoundationSlab

Lot featuresAcreage, Few Trees, Steep Slope
Water sourceCity Water, Private
SewerSeptic

SubdivisionEagle's Nest RV Park

ElementaryHouston
Middle schoolMineralwel
High schoolMineralwel
DistrictMineral Wells ISD

Gross income$226,908 per year
Operating expenses$79,917 per year
Operating includesInsurance, Maintenance
Insurance$6,000 per year
Cap rate12.3% — as listed
Net operating income$146,990 per year

MLS #21060034
Source
Price changeReduced by $30,000 · Aug 6, 2026
On the market369 days
CountyParker

Around this home

One moment…

Everyday life

Nearest groceryWalmart Supercenter · 2.9 mi
Nearest parkFort Wolters Historical Park · 1.4 mi

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Listing courtesy of Aspire Investments LLC — Sherry Patterson.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21060034. Information last updated September 18, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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