A 2013 double-wide mobile home with 4 bedrooms, 2 bathrooms and 2,432 sq ft, sold together with the vacant lot next door: two parcels, about 11 acres, in one purchase.
The home sits on a 6.14-acre parcel. The adjoining lot at 9200 Paradise Ln is a separate 4.86-acre parcel and is included in the sale.
The home is in very good condition. The work is cosmetic: new flooring, interior paint and updated bathroom vanities, estimated at $15,000 to $20,000. No major components are in the budget.
San Angelo, Tom Green County, Texas.
At the $225,000 asking price plus a $15,000 cosmetic rehab, the all-in basis is about $240,000 before closing and carry, against a $400,000 ARV for the home and both parcels.
The second lot has real value on its own. A 3-acre land parcel around the corner at 9049 N US Hwy 87 sold for $97,850 in July 2026. At the same price per acre, the 4.86-acre lot next door works out to about $158,000.
That gives a buyer more than one exit: renovate and sell the home and land together, sell the second lot on its own and flip or rent the home, or build on the second parcel.
Owner occupied - do not drive by, knock, or contact the occupants under any circumstances. Showings by appointment only through Peregrine REI, typically 24 hours notice. Sold as-is, where-is. Inspect before offering and verify all figures independently.
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