1623 Brazos, Hempstead, Texas

Description

1623 Brazos is a fully occupied 4-unit mobile home park situated on 0.3 acres in the growing Hempstead area. The property consists of three 3-bedroom, 2-bath units and one 2-bedroom, 2-bath unit, all generating consistent rental income and immediate cash flow. Each unit is individually metered for city water and sewer, minimizing landlord responsibilities and management overhead. The mobile homes are older and will require replacement in the future, and the pricing reflects these anticipated operating costs, offering value for investors willing to take a hands-on approach. Despite this, the property presents a turnkey investment opportunity in a compact, manageable size with strong occupancy and income stability. Located in an area experiencing growth and development,1623 Brazos offers both short-term cash flow and long-term appreciation potential, making it an attractive acquisition for investors seeking a combination of income and future upside.

Directions: Take TX-99 North to US-290 East. Use Left lane to take the US-290 West Ramp to Austin. Turn Right onto Blasingame Road. Make a Right onto Brazos Street and the property will be on your Left.