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7121 Stephens Street

7121 Stephens Street Iola, TX 77861

Other Residential MLS #: 24014345 Listed By CENTURY 21 Integra

$675,000

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Estimated monthly payments: $2,951/mo.* (recalculate)
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Property InformationDescription

This mobile home park, located in the heart of Iola, Texas, offers a fantastic investment opportunity. Spread across two side-by-side lots, each measuring 0.92 acres, this property includes a total of 11 home sites. Of these, five mobile homes are owned by the park owner, while the remaining sites are tenant-owned, with tenants leasing the land. The property benefits from city utilities, ensuring convenience for all residents. With a gross annual income of $52,200 and total expenses of approximately $7,000 per year, the park yields a net annual income of $45,200. This low-maintenance investment property, situated in a charming small-town setting, provides consistent cash flow with minimal overhead. Whether you're looking to expand your real estate portfolio or invest in a reliable source of income, this mobile home park offers solid returns in a growing community.

Features

  • Fireplace Description: Electric
  • Style: Other Style

MAP & DIRECTIONS

MAP & DIRECTIONS

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7121 Stephens Street, Iola, TX 77861
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School Information

7121 Stephens Street, Iola, TX 77861

Elementary School
Grades PK-6 | Public School
IOLA ELEMENTARY SCHOOL
Iola, TX 77861
7282 Fort Worth Ave
936.­394.2361
Distance: 0.5 mi
School Rating
C+
Student:Teacher Ratio
12:1
Total Students
300
Middle School
Grades 7-12 | Public School
IOLA HIGH SCHOOL
Iola, TX 77861
7282 Fort Worth Ave
936.­394.2361
Distance: 0.5 mi
School Rating
A-
Student:Teacher Ratio
10:1
Total Students
235
High School
Grades 7-12 | Public School
IOLA HIGH SCHOOL
Iola, TX 77861
7282 Fort Worth Ave
936.­394.2361
Distance: 0.5 mi
School Rating
A-
Student:Teacher Ratio
10:1
Total Students
235

Demographic Data

Iola, TX 77861

Median Age: 40.3
Married: 65%
Number of Households: 1,234
Households with Children: 23.1%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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