Enchanted Lakes of Edna Rv Park
For sale167 Private Rd 3190, Edna, TX 77957
Property type
Mobile Home Park
Price
Subject to Offer
Building size
Year built
2019
Year renovated
Occupancy
Zoning code
Lot size
18.86 Acres
Property description
Enchanted Lakes of Edna RV Park is a 76-site RV community located on approximately 18.86 acres at Private Road 3190 in Edna, Texas. Developed in 2019, the property offers a modern operating platform with full-hookup RV sites, concrete pads averaging approximately 60 feet in length, spacious outdoor living areas, and parking for approximately two vehicles per site. The community accommodates monthly, weekly, and nightly residents, with monthly rates currently offered at approximately $450 including utilities. The property is supported by private well water, on-site septic systems, gravel roadways, wireless internet service, and an on-site laundry facility. Electricity is currently included in site rent and is not separately metered by space. A new owner may have the opportunity to install site-level metering and implement usage-based electric billing or utility reimbursements, creating a potential avenue for improved expense recovery, subject to installation costs, utility requirements, and applicable regulations. The park is currently self-managed with no full-time employees, providing a streamlined operating structure and flexibility for new ownership to implement more active leasing and management practices. Located in Edna and within the broader South Texas employment corridor, Enchanted Lakes is positioned to serve traveling workers, contractors, and long-term residents seeking affordable extended-stay housing. Current occupancy remains below stabilized levels, creating substantial lease-up and NOI growth potential through focused marketing, improved management, and stronger outreach to regional workforce demand. The property’s 18.86-acre land position also provides potential for future site expansion or complementary improvements, subject to planning, utility capacity, and other customary development considerations. The offering includes the 76-site RV community only. A residential house reflected in ownership’s current rent roll is not included in the offering, although ownership may consider making it available through a separate transaction.
Property highlights
- 2019-Built, 76-Site RV Community: Enchanted Lakes offers a modern operating platform with 76 full-hookup RV sites, spacious concrete pads, dedicated parking, and limited near-term physical improvement needs.
- Significant Lease-Up and NOI Growth Opportunity: With occupancy currently below stabilized levels, the property offers substantial runway to increase revenue through focused marketing, more active management, and stronger outreach to workforce and extended-stay residents.
- 18.86-Acre Land Position with Expansion Potential: The property includes additional land that may support future RV sites or complementary improvements, providing new ownership with meaningful long-term development optionality.
- Potential Utility-Recovery Upside: Electricity is currently included in site rent and is not separately metered. New ownership may have the opportunity to install site-level meters and implement usage-based billing or utility reimbursements to improve expense recovery.
- Established Infrastructure and Streamlined Operations: The community includes private well water, on-site septic systems, an on-site laundry facility, wireless internet, gravel roadways, and full-hookup RV infrastructure. The park is currently self-managed with no full-time employees.
- Regional Workforce-Housing Demand: The property is positioned to serve traveling workers, contractors, and long-term residents seeking affordable extended-stay accommodations in Edna and the surrounding South Texas employment corridor.