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4612 CR 616
Alvarado TX 76009 US

$1,500,000

Active Listing ID 21217452
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29 bed
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19.00 Bath (19 Full)
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Lot: 6.00 Acres
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Other

$1,500,000

Active Listing ID 21217452
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4612 CR 616 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 continued demand for affordable housing, this asset presents an ideal opportunity for investors seeking stable returns and portfolio growth. Convenient access to major thoroughfares enhances tenant accessibility while maintaining a desirable rural setting. Rare chance to acquire a scalable manufactured housing investment with immediate income and future appreciation potential

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Property Features

  • Facts
  • Lot Size: 6.00 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 19
  • Cooling System: Electric
  • Exterior Finish: Awning(s), Balcony
  • Floor Covering: Other
  • Roof Type: Metal
  • Heating Fuels: Electric (Heating), Fireplace(s)
  • Additional Features
  • Fireplace

School Information

  • School
  • Alvarado N(Elementary)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1500000
  • unparsedaddress: 4612 CR 616
  • postalcity: Alvarado
  • stateorprovince: TX
  • country: US
  • postalcode: 76009
  • bathroomsfull: 19
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 6
  • lotsizeunits: Acres
  • lotsizearea: 6
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 32.516767
  • longitude: -97.164409
  • listagentfullname: Jamie Wickliffe
  • listagentemail: jamie@jswickliffe.com
  • listagentkey: 3yd-NTREIS-0368339
  • listagentmlsid: 0368339
  • listagentpreferredphone: 8179609611
  • listagentofficephone: 8179609611
  • listofficekey: 3yd-NTREIS-CEJF15
  • listagentstatelicense: 0368339
  • listofficemlsid: CEJF15
  • disclaimer: Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NTREIS
  • listagenturl: https://www.century21judgefite.com
  • countyorparish: Johnson
  • parcelnumber: 126-0195-06290
  • elementaryschool: Alvarado N
  • appliances: Dishwasher, Microwave, Range, Washer
  • cooling: Electric
  • constructionmaterials: Aluminum Siding
  • flooring: Other
  • heating: Electric (Heating), Fireplace(s)
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 10
  • parkingfeatures: Garage
  • roof: Metal
  • waterfrontyn: False
  • franchiseaffiliation: Century 21 Real Estate
  • exteriorfeatures: Awning(s), Balcony
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -97.164406, 32.516766
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Listing Changed: 3/31/2026 2:10:15 AM GMT
Source Updated Date: 4/1/2026 6:59:59 PM GMT

Courtesy of: Jamie Wickliffe, CENTURY 21 Judge Fite Company, jamie@jswickliffe.com

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.