4612 Cr 616, Alvarado, TX 76009

Alvarado
Local realty services provided by:ERA Courtyard Real Estate
4612 Cr 616,Alvarado, TX 76009
$1,500,000
Virtual Tour
  • 29 Beds
  • 19 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: jamie wickliffe
Office: century 21 judge fite company
MLS#:21217452
Source:GDAR

Price summary

  • Price:$1,500,000

About this home

Exceptional income-producing investment opportunity on 6 acres in Alvarado featuring a 10-unit mobile home park with strong cash-flow potential and long-term upside. The property includes 6 double-wide and 4 single-wide manufactured homes, comprised of nine 3-bedroom, 2-bath units and one 2-bedroom, 1-bath unit, offering an attractive unit mix for sustained tenant demand. Improvements include a 30x40 metal building, one two-car garage, one one-car garage, and six portable storage buildings, adding functional value and additional utility for operations or tenant use. Infrastructure enhancements include underground internet service through Johnson County Electric Cooperative, supporting modern tenant needs. Nine of the ten homes feature metal roofs, reducing long-term maintenance concerns and improving durability. Established rental income with value-add potential through operational improvements, rent optimization, or future site expansion. Positioned in a growing market with...

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Home facts

  • Listing ID #:21217452
  • Added:45 day(s) ago
  • Updated:May 15, 2026 at 07:23 AM

Rooms and interior

  • Bedrooms:29
  • Total bathrooms:19
  • Full bathrooms:19
  • Kitchen Description:Dishwasher, Electric Range, Microwave

Heating and cooling

  • Cooling:Electric
  • Heating:Electric

Structure and exterior

  • Roof:Metal
  • Lot area:6 Acres
  • Lot Features:Acreage, Cleared, Few Trees
  • Construction Materials:Aluminum Siding
  • Levels:1 Story

Schools

  • High school:Alvarado
  • Elementary school:Alvarado N

Finances and disclosures

  • Price:$1,500,000

Features and amenities

  • Appliances:Dishwasher, Electric Range, Microwave

Parking

  • Total parking spaces:10
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated May 15, 2026 Listings with the NTREIS logo are listed by brokerages other than ERA Courtyard Real Estate.

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