Properties

Weatherford, TX 76085 5300 N Fm 51

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Presented By: AmeriPlex Realty, Inc.
  • MLS# 21104003
  • 11/04/2025
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  • SQFT • 1,500

Home Details

DO NOT DISTURB THE TENANTS! Incredible and Rare opportunity to purchase and own an existing mobile home park in peaceful Weatherford, TX on ten flat and beautiful acres with no flood plain. This is a very successful park with approximately 25 units total and standing at almost 100% occupancy. More could be added to by leasing the modular home that the owner who is the current manager lives in and filling up some of the smaller units. Property has been grandfathered in by the city and county. Property has multiple septic tanks that service all the units. All mobiles are owned by property owner and not the tenants. Tenants pay rent for the mobile home NOT rent for land lease. All the buildings and mobile homes come with this sale except the seller is taking 2 motor homes, 1 bus and 1 building that is not on septic and 1 travel trailer on the corner next to #12. All tenants are on an annual lease agreement. Most tenants do work on their units in exchange for the security deposit. Property has two water wells. There are no city services out here at all. The maximum one well can service is 14-15 houses. No propane! Every house is all electric and the tenants pay their own electric service. Water (well water) is included in their rent. The modular home that the seller lives in has a solar system that has $100k owed on it and she will want that to transfer to the new buyer. Seller will need a minimum of a 30 day leaseback after closing. Owner will finance! There isn't a survey to provide. The seller keeps hand receipts of all rents paid. Some farm animals, cats and dogs live on the property. There is plenty of room for someone to build a new home on this land and still enjoy the benefits of having income producing houses. There are a total of 3 dumpsters on the property which seller pays approx $1k a month to the trash service for those. Property could be divided into 5 acre tracts with houses for $700k each parcel
Presented By: AmeriPlex Realty, Inc.

Interior Features for 5300 N Fm 51

Other Interior Features

SQFT Gross0
Lock Box TypeNone
FlooringLaminate
Total Stories1
Total Units25

General for 5300 N Fm 51

Building UseOther
Business NameCountry Homes on Land
Business TypeMobile/Trailer Park
Ceiling Height8 to10 Feet
CityWeatherford
Construction MaterialsAluminum Siding
CoolingElectric
CountyParker
DirectionsGPS WORKS BEST FROM YOUR LOCATION
ExclusionsMINERALS, NO EXCEPTIONS.
Gross Annual Expenses33000.00
HeatingElectric
Listing TermsCash, Conventional, Owner Will Carry
Operating Expense IncludesAccounting, Capital Improvements, Maintenance, Maintenance Grounds, Manager, New Tax, Trash, Water/Sewer
Possession30-60 Days
Property SubtypeBusiness
Property TypeCommercial Sale
RoofMixed
Standard StatusActive Under Contract
StatusActive Option Contract
Subdivision NameABST 885 SURVEY
Tenant PaysAll Utilities
Unexempt Taxes4317
UtilitiesAerobic Septic, Well
Virtual Tour URL UnbrandedClick here
Will SubdivideYes
Year Built1970
Year Built DetailsPreowned
Zoning DescriptionMobile Homes

Exterior for 5300 N Fm 51

Building Area Total1500.00
Foundation Pillar/Post/Pier
Lot FeaturesAcreage
Lot Size10 to < 50 Acres
Lot Size Acres10.0000
Lot Size Area10.0000
Lot Size SourceAssessor
Lot Size Square Feet435600.0000
Lot Size UnitsAcres
Parking FeaturesCommon
WaterfrontNo

Additional Details

Price History

Connect Realty

Price $1,200,000
MLS#21104003
List Date 11/04/2025
Property Type Contingent
Phone 888.795.6274
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2170 Buckthorne PL. #100
The Woodlands, TX 77380
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