12303 W Highway 67 Highway
About This Property
CR 308 features 14.37 Acres in Somervell County set up as an RV Park with 29 sites and a Private Laundry Building for guests.
Property also features an 1800 sf Barndominium with large covered porch, and roll up doors , which could be used as a Community Center, or leased out for large gatherings. There is an additional residence with 1 bedroom, 1 bath, kitchen and laundry, with covered porches and beautiful views, which could be used for Management quarters. Layout allows for multiple streams of income or family compound. Picnic tables and large pond, make outdoor activities available. So much room for expansion Property is completely fenced and cross fenced with 2 entryways.
7.8 Acres are included and located in Johnson County. Conveniently located between Cleburne and Glen Rose, and minutes to the Brazos River with Canoe and Rafting Rentals. RV Park does have Rules in place for age and aesthetics on RVs, as well as guest etiquette.
Turn Key Property, Land, Improvements, and Most Furnishings included with Sale, Active Leases will transfer upon expiration of current lease.
LLC, Internet Branding, and Social Media Business Name will not transfer
Investors Welcome
Please Call for Private Showing
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 10, 2026 | Sold | ||
| Sold | |||
| Jun 30, 2026 | In contract | - | |
| In contract | |||
| Jun 24, 2026 | Listed by Cowtown Real Estate | $850,000 | |
| Listed by Cowtown Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017