380 Eagle’s Nest: Tiny Home Community
Address: 2820 Highway 380, Decatur, TX 76234
List Price: $1,950,000 | Cap Rate: 8.61% | Net Operating Income (NOI): $167,965
Description:
Turnkey tiny home rental community in unincorporated Wise County with strong occupancy and stable cash flow. Established in 2016 - The property includes 16 custom-built tiny homes (approx. 392 sq. ft. each), all currently leased. Each home features a full kitchen with refrigerator, cooktop, oven, and microwave; homes are delivered unfurnished, providing flexibility for long-term or short-term rentals. Tenants enjoy included water, electric, and trash service. Additional amenities include an on-site coin laundry with Speed Queen equipment. The property is supplied by city water with a septic system, allowing future expansion without city zoning or approvals.
Financially simple and low-maintenance, the community produces an 8.61% cap rate on $167,965 NOI with clear long-term demand in the fast-growing Decatur/DFW corridor.
Disclaimer: Aerial imagery is for illustration purposes only. Property boundaries and acreage (approx. 1.86 acres) are subject to survey; sales price is not contingent on exact land size. Property to be conveyed by metes and bounds description. This property is also offered individually or as part of a combined portfolio with the adjoining asset. Buyers may purchase the 380 Eagles Nest Tiny Home Community and Storage Facility together as one turnkey investment, producing a combined $361,620 gross income / $276,219 NOI / 10.42% cap rate for $2,650,000.