CASH FLOW TODAY. LAND VALUE TOMORROW! Shamrock Mobil Home Park is commercially classified acres of income-producing real estate sitting squarely in one of the most explosive growth corridors in all of North Texas. Princeton isn't coming — it's here. National builders are platting subdivisions in every direction, Collin County's population is surging, and demand for affordable housing has never been higher. You're not buying a mobile home park. You're buying a position. The park generates immediate rental income with established tenants and infrastructure already in place — real cash flow from day one, no stabilization required. While you collect rents, the land beneath you appreciates with every new rooftop going up around it. Here's the multiplier: immediately next door sits Amber MHP — a 6.26-acre commercially classified park available separately or as a package. Combined, you're looking at over 16 continuous commercial acres on a County Road that developers are already eyeing. That kind of assemblage in this market doesn't come twice. Operate both, expand, reposition, or hold — every exit makes sense. Buyer to verify all details.
| Listing Id: | 21351705 |
|---|---|
| List Price: | $2,440,000 |
| Property Type: | Commercial Sale |
| Property Sub Type: | Business |
| Status: | Active |
| Living Area: | 12 |
| Unexempt Taxes: | $8,724 |
| Lot Size Square Feet: | 435,600.0000 |
| Lot Size Acres: | 10.0 |
| Waterfront?: | No |
| City: | Princeton |
| County Or Parish: | Collin |
| Subdivision Name: | Sarah D Terry Surv Abs #890 |
| Postal Code: | 75407 |
| Year Built: | 2001 |
| Accessibility Features Yn: | No |
| Average Monthly Lease: | $466 |
| Basement Yn: | No |
| Building Area Source: | Assessor |
| Building Area Total: | 12.00 |
| Building Use: | Other |
| Business Name: | SHAMROCK MOBIL HOME PARK |
| Business Type: | Commercial, Mobile/Trailer Park |
| Ceiling Height: | Other |
| Consent for Visitors to Record: | Video |
| Construction Materials: | Other |
| Cooling: | None |
| Directions: | From US-380 E or W, turn onto N 4th St (which becomes CR 900) heading north, away from the main commercial area of Princeton. Continue north on CR 900 for approximately 1-2 miles. Look for corner of CR 440 and CR 900, turn on CR 900, Shamrock Mobil Home park is the second park on the left . |
| Exclusions: | All Tenant owned homes and tenant owned non realty items |
| Flooring: | None |
| Foundation Details: | None |
| Gross Annual Expenses: | $874 |
| Gross Annual Income: | $50,700 |
| Heating: | None |
| Leasable Area: | 426,613.00 |
| Lease Term Description: | month to month |
| Listing Terms: | 1031 Exchange, Cash, Conventional, Federal Land Bank, FHA, USDA Loan |
| Lot Features: | Acreage, Interior Lot |
| Lot Size: | 10 to < 50 Acres |
| Lot Size Area: | 10.0000 |
| Lot Size Dimensions: | 604x711 |
| Lot Size Source: | Assessor |
| Lot Size Units: | Acres |
| Multi Parcel ID: | No |
| Multi Zoning?: | No |
| Municipal Utility District?: | No |
| Net Operation Income: | $41,976 |
| Notice Surveillance Devices Pres: | None |
| Number Of Spaces Leased: | 11 |
| Operating Expense Includes: | Other |
| Owner Pays: | Taxes |
| Parking Features: | On Site, Other |
| Possession: | Closing/Funding |
| Postal Code Plus 4: | 5228 |
| Road Frontage Type: | County Road |
| Roof: | Other |
| Senior Community Yn: | No |
| Special Taxing Entities: | 0 |
| Sqft Gross: | 426,613 |
| Stories Total: | 1 |
| Tenant Pays: | All Utilities |
| Utilities: | All Weather Road, Asphalt, Cable Available, Co-op Electric, Electricity Connected, Individual Water Meter, Outside City Limits, Septic |
| Waterbody Name: | Lavon |
| Will Subdivide: | No |
| Year Built Details: | Preowned |
| Zoning Description: | F1 Commercial |
Listing Courtesy of: The Robinson Team
Listing Agent: Margaret Oden
817-481-5711
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North Texas Real Estate Information Systems, Inc. data last updated on October 08, 2026 05:55 PM - CT
Property Last Updated: October 08, 2026 05:55 PM - CT
