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$255,000

10537 Fm 616, Lolita, TX, 77971

On MarketInfo
Baths1,216 Sq Ft
price_per_sqft$209.7 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

FlooringLinoleum

Building Information

Year Built2018

Land Information

APNM41343
Land UseResidential
Legal DescriptionMOBILE HOME ON WEST LOLITA, BLOCK 8, LOT E PT W/2, SERIAL L114471, TITLE # MH00755004, LABEL # NTA1857265, MODEL LH168055AOF
Census Tract950100
Assessed Improvement Value$44,220
Assessment Year2025

About this property

This busy RV park in Lolita, nestled in the heart of the desirable Industrial School District, is just 10 miles from the nearly 2,500-acre Formosa Plastics petrochemical complex & is a short 12 miles from Point Comfort, TX. Featuring 15 RV spots AND a 5-bedroom man camp this is your chance to enter the short term and long-term rental market or the perfect opportunity for you to round out your real estate portfolio. The RV spots have been leased on both long- & short-term basis, so the possibilities here are truly endless. The man camp mobile home is home to 5 fully furnished, individual rooms complete with their own self-contained bathrooms. There is a shared dining and kitchen area and a coin operated laundry for additional income potential. This tract offers the best of both worlds, giving you a location on the HIGH traffic count, endlessly visible FM 616, but being surrounded by the peaceful neighborhood location offers a homey setting at the same time. The drive thru set up of the entire park will make it a favorite spot for both recreational and working residents!  For the right-minded buyer, the potential for additional development here is REAL. Opportunities like this are few and far between, do not miss out!

Investor Tools

Property Icon
$282,000
Estimated Property Value
$0Estimated Mortgage Balance
$282,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,692 /month
Positive
Cash Flow Estimate:
$564 /month

Interested in this property?

Katherine Compton

Twin Rivers Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$183/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$783
$44,220
2025
N/A
$44,220
$44,220
No

Tax History

Year
Tax Paid
Assessed Value
2025
$783
$44,220

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$282,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lolita

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10537 Fm 616 | Property Details | No Agent List