14821 Lucas Drive Splendora, TX $ 525,000
14821 Lucas Drive
$ 525,000
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14821 Lucas Drive

Splendora, TX, 77372
$ 525,000
Baths0.0 Sq 896

Monthly Estimate*

$ 3,315

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Studio

Multi-Family Home for sale in Splendora, TX

for $525,000. This 896 square foot home was built in 1980.

Don't miss this unique chance to own an 8-unit mobile home portfolio, one being in an area where new mobile home parks are no longer permitted, making opportunities like this increasingly rare and highly desirable. With four active tenants already in place, this property offers immediate income potential and a strong foundation for future improvements. The portfolio includes multiple units with upside potential, making it an ideal opportunity for investors looking to increase cash flow through renovations and property enhancements. Several homes could benefit from updates, providing the perfect chance to implement a strategic improvement plan. Whether you're expanding an existing portfolio or entering the mobile home park investment sector, this one-of-a-kind property offers a combination of current occupancy, long-term demand, and limited future competition due to zoning restrictions in the Splendora area. Schedule your showing today!

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Multi-Family Active

Price

$ 525,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,034

Style

Year Built

1980

Town/City

Splendora

County/Region

Montgomery

MLS | Web ID

8130716

Features
General
Heating Central Electric
Cooling Central Air Electric Window Unit(s)
Roof Metal
Construction Materials Other
Year Built 1980
Stories Count 1
Levels One
Property Subtype Detached
Tax Year 2025
County Montgomery
Operating Expense 12000
New Construction false
Property Type Residential Income
Subdivision Name NA
Status Active
Directions To Splendora: From I-45 S take exit 87 then turn left onto W Davis St. Continue for 3.3 miles then turn right onto FM 3083. In 7.1 miles turn left onto FM 2090. Continue for 11 miles and turn left onto Hwy 59 N and turn right onto FM 2090. In .2 miles turn right onto Lucas Dr. The destination will be on your left. To Cleveland: From Lucas Dr turn right onto FM 2090 and continue for 4.4 miles. Turn right onto County Rd 328 S and continue for 6 miles. The destination will be on your left.
High School SPLENDORA HIGH SCHOOL
City Splendora
Disclosures Other
High School District 47 - Splendora
Number Of Units Total 8
MLS Area 40
Lot Size Units Square Feet
Elementary School PEACH CREEK ELEMENTARY SCHOOL
Tax Annual Amount 2034
Middle/Junior High School SPLENDORA JUNIOR HIGH
MLS Area Minor Cleveland Area
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District 47 - Splendora
Elementary School District 47 - Splendora
Year Built Source Public Records
Virtual Tour https://adamolsenteam.idxbroker.com/idx/details/listing/c047/8130716/14821-Lucas-Drive-Splendora-TX-77372
Legal Description A0082 A0082 - BARKER WM TRACT 25 50 SERIAL UNK TITLE # U
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Interior
Flooring Carpet Laminate
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Lot Size Area 32409
Building Area Total 896
Other Parking Two
Lot Size Source Appraiser
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* Excluded Features
List By
Exp Realty, Llc

Broker

adam@adamolsenteam.com

Email

Affordability Calculator

$3,484
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,315
Monthly Property Taxes
$170
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
SPLENDORA HIGH SCHOOL High School High School
Pricing History
DatePricePrice ChangeDescription
6/22/2026$525,000 Listed Price

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14821 Lucas Drive, Splendora, TX, 77372 is a Multi-Family Home for sale at $525,000 with 896 sqft. 14821 Lucas Drive is a studio with 0.0 baths and was built in 1980. The property's zip code is 77372 which is in Splendora, TX