Paragon Realtors Real Estate

114 Cr 119Riesel, TX 76682Price: $975,000

  • Price: $975,000
  • Est. Mortgage of $/month
  • 34 Days on Market
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Federal 30-year interest rate: 6.37% last updated on May 7, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $975,000List Price
  • 3Bedrooms
  • 2Bathrooms
  • 8.43Acreage
  • 1,400Square Feet

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Listed by Christie Stephens of Bramlett Partners
Exceptional investment opportunity with immediate income and major upside potential just off highly trafficked HWY 6, near the proposed Cipher Bitcoin Data Center expected to begin construction in 2027 and within approximately 30 minutes of the proposed $10B Infrakey Data Center and Power Plant. This RV park features strong in-place infrastructure, thoughtful site design, and significant expansion capability, making it ideal for investors, owner-operators, or companies needing workforce housing or open storage. Currently offering 14 operational RV sites with a mix of concrete and gravel pads, the property is engineered to support up to 19 sites with minimal additional work. Key infrastructure is already in place including water, sewer, and electrical conduit for expansion. The aerobic septic system is engineered and permitted for 19 RVs plus laundry, with layout planning in place for future expansion up to approximately 50 sites. Substantial capital improvements include approximately $100,000 in crushed concrete, multiple concrete pads, private electrical metering, and a high-capacity electrical system designed to scale. Water taps have been secured at significant cost, reducing future development hurdles. Gravity-fed sewer design minimizes maintenance and enhances long-term efficiency. Additional income potential includes open storage for trailers, equipment, or contractor use. Strong demand drivers include workforce housing, long-term tenants, and nearby employment growth. A mobile home on-site offers flexibility as an owner's residence, office, or on-site management housing. Additional improvements include a laundry facility and storage buildings. Excellent access and visibility along HWY 6 provide a rare combination of current income, infrastructure investment, and scalable growth potential in a limited-supply market.

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Based on information submitted to North Texas Real Estate Information Services as of May 14, 2026 6:09 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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