1.16 Acres Lot
1.16 Acres Lot
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision Thomas Survey
MLS Listing ID 21365358
Annual Tax Amount $8,577
Lot Size 1.160 Acres
Acres 1.16
Property Sub-Type Business
Property Description
The park features 15 RV sites, gravel drives and parking areas, mature trees, fenced boundaries, and convenient access to the lake for boating and fishing. Current rental structure includes 13 sites at $525month, one site at $650month, and one site at $315month, providing projected gross site rent of approximately $93,480 annually at full occupancy. Based on normalized operating expenses, projected NOI is approximately $70,854, with additional value-add opportunity through future rent growth and operational improvements.
Offered at $1,100,000, Eagle Point provides investors an opportunity to acquire both an established income-producing RV operation and scarce waterfront real estate in the growing DFW market. The lake frontage, private dock, boat slips, mature setting, and proximity to Fort Worth distinguish this property from traditional inland RV communities and provide potential for continued rental demand and long-term appreciation.
Ideal for an investor seeking a stabilized recreational asset, owner-operator opportunity, or value-add investment with a difficult-to-replicate waterfront location. Do not disturb tenants. Contact listing agent for financial information, property details, and showing instructions.
Location
State TX
County Tarrant
Zoning none
Direction From Fort Worth, take I-820 W to TX-199 W Jacksboro Hwy toward Lake Worth. Continue northwest on TX-199 toward Azle. Take the appropriate exit toward FM 730 Boyd Road and continue toward the Eagle Mountain Lake area. Follow local roads to Briar Road and continue to 7170 Briar Road, Azle, TX 76020.
Interior
Heating None
Cooling None
Flooring None
Heat Source None
Exterior
Utilities Available Aerobic Septic, Co-op Electric, Co-op Water
Waterfront Description Dock – Covered,Lake Front,Lake Front – Main Body,Beach Front
Roof Type Other
Garage No
Building
Lot Description Acreage, Water/Lake View, Waterfront
Foundation None
Structure Type Other
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21365358
Nearby Locations
Top 1% Real Estate Team in Texas
Over $2 Billion in Total Sales