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$281,000

NAL Estimated Property Value

541 Simmons Way, Cedar Hill, TX, 75104

Off MarketInfo
CommercialInfo
Beds1 Beds
Baths2 Bath
Multi FamilyMulti Family
Year BuiltBuilt in 1960

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
AppliancesOther
FlooringOther

Exterior

Lot Size2.58 acres

Land Information

APN16006500050310000
Lot Number31
SubdivisionBrook View Unrec
Land UseCommercial
Legal DescriptionBROOK VIEW UNREC BLK 5 LT 31 ACS 2.5793 CEDAR PARK MHP INT202100001362 DD12312020 CO-DC 0065000503100 4CH00650005
Census Tract016616
Assessed Land Value$128,950
Assessed Improvement Value$152,050
Assessment Year2025

About this property

Welcome to your new rental community with this 14-space Mobile Home Park in Cedar Hill, Texas. The property has significant upside potential through increased rents and filling the remaining vacant spaces.. Ownership has upgraded numerous aspects of this park, making for a seamless transition within your portfolio. Days on market for these units are in the single digits. This is a rare opportunity to own a Mobile Home Park in the Dallas County area on this large acreage. The land alone is nearing the value that you're paying for the park. These assets are very stable throughout the metroplex. With all the rental units located in one place, managing this property becomes more efficient. You can not add additional mobile home spaces to this property. It is grandfathered, so you can only operate what has been existing. You can not add additional Mobile Home Sites to the property and has been verified by the City. MLS Transaction Folder has a Survey and up-to-date financials.

Investor Tools

Property Icon
$281,000
Estimated Property Value
$0Estimated Mortgage Balance
$281,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,650 /month
Positive
Cash Flow Estimate:
$1,550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$936/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,824
$281,000
2025
$128,950
$152,050
$281,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,824
$281,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$281,000
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.

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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: Cedar Hill

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541 Simmons Way | Property Details | No Agent List