Last 24 Hours
$2,288,580
NAL Estimated Property Value507 CR 1550, Alba, TX, 75410
Off Market
Commercial
— Beds
— Bath
9,999 Sq Ft
$195.02 / sqftHighlights
Interior
Bedrooms —
Bathrooms —FlooringOther
Exterior
Lot Size1.89 acres
Building Information
Year Built1987
Land Information
APN19457
Land UseCommercial
Legal DescriptionABS 0446; OLIVER A G; TRACT 13 PT; 1.89 ACRES
Census Tract950402
Assessed Land Value$220,934
Assessed Improvement Value$2,067,646
Assessment Year2025
About this property
Looking for an extraordinary business opportunity? Established and operated by the same family over this time, Mustang Resort has established itself as the frequent preference for weekend visitors, long-term customers & Fishing Pros alike. Mustang Resort benefits from multiple revenue streams such as: 120 RV-Park Model sites each with its own electric meter (100% leased), 60 boat storage units (12 x 25, 100% leased), 10-room Motel (with many recent upgrades), Bait shop, gas pump & public fee-based boat launch. Great amenities, custom-built owners’ home, 1500 SF on-site office and store with bait & sundries, 2 boat ramps, future development areas & increasing revenue possibilities.
Investor Tools
$2,288,580
Estimated Property Value
$0Estimated Mortgage Balance
$2,288,580Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,731 /month
Positive
Cash Flow Estimate:
$4,577 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,353/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$28,794
$2,288,580
2025
$220,934
$2,067,646
$2,288,580
No
Tax History
Year
Tax Paid
Assessed Value
2025
$28,794
$2,288,580
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,288,580
100%
0%
$0/mo
12.4%