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RV Park

Rafter P South RV Park

2600 Morris Sheppard Dr, Brownwood, TX 76801

Listing Price: $1,100,000

Cap Rate
8.98%
Number of Spaces
37
Lot Size
3.48 acres
Occupancy
84.0%
Price/Space
$29,730
Spaces/Acre
10.63
Year Built
2022

Investment Overview

Rafter P South RV Park is a 37-site property located in Brownwood, Texas. The space mix is comprised of 35 RV lot rents and two covered RV lot rents. The property was built in 2022 on 3.48 acres and sits about 0.5 miles from US 377 which sees over 9,000 vehicles per day. They operate on city water and sewer with all utilities paid for by the ownership except for electric which is billed back to the resident.
The City of Brownwood is located in the northern end of the Texas Hill Country, approximately 135 miles
northwest of Austin, 120 miles southwest of Fort Worth, and 75 miles southeast of Abilene. Brownwood is
served by highways US 67, US 84, US 183, US 377, and Texas State Highway 279. Brownwood is the county seat of Brown County and serves as the economic core of an eight-county trade area. The Brownwood area is home to major employers such as the 3M Company, Kohler Company, and Superior Essex. Many regional amenities are within a short drive from Brownwood including Lake Brownwood State Park and the Pecan Bayou paddling trail. The Brownwood Regional Airport is approximately six miles north of Downtown and services commercial, private, military, and tourism traffic.
Some recent highlights in the area include:
May 2025: Brownwood city council approved the $18 million downtown
revitalization project, giving a green light for Phase 1 to begin. Brownwood’s
Downtown Master Plan covers 102 city blocks along US 377 and focuses
on infrastructure upgrades, enhanced public spaces, and strategic
redevelopment to boost local businesses and tourism. Their goal is to create
a more walkable, vibrant district with new parks (like the Silo Promenade),
improved streetscapes (Baker & Fisk Streets), and event spaces, aiming to
make downtown a community hub.
December 2025: Governor Greg Abbott announced that the Texas Music
Office has designated the City of Brownwood as a Music Friendly Texas
Certified Community. City of Brownwood Mayor Stephen E. Haynes stated,
“This will help Brownwood achieve improved visibility of our music assets
and help heighten our tourism and quality of life offerings throughout the
community.”
November 2025: The Brownwood Event Center Complex received top honors
at the 2025 Texas Downtown Annual Conference in Waco. The complex was
awarded Best New Construction, Best Economic Game Changer, and the
People’s Choice Award for Best New Construction. The Best Economic Game
Changer award recognized the complex for helping Brownwood’s economy, as
the Feels Like Home Festival alone has brought in an estimated $1.2 million.

Investment Highlights

  • 37 Concrete RV Sites
  • Newly Constructed in 2022
  • Operates on City Water and Sewer
  • Operates on City Water and Sewer
  • Located 5 Miles From Nearest Walmart Supercenter

Exclusively Listed By

RV Park

Rafter P South RV Park

Listing Price: $1,100,000

Cap Rate
8.98%
Number of Spaces
37
Lot Size
3.48 acres
Occupancy
84.0%
Price/Space
$29,730
Spaces/Acre
10.63
Year Built
2022

Investment Highlights

  • 37 Concrete RV Sites
  • Newly Constructed in 2022
  • Operates on City Water and Sewer
  • Operates on City Water and Sewer
  • Located 5 Miles From Nearest Walmart Supercenter

Investment Overview

Rafter P South RV Park is a 37-site property located in Brownwood, Texas. The space mix is comprised of 35 RV lot rents and two covered RV lot rents. The property was built in 2022 on 3.48 acres and sits about 0.5 miles from US 377 which sees over 9,000 vehicles per day. They operate on city water and sewer with all utilities paid for by the ownership except for electric which is billed back to the resident. The City of Brownwood is located in the northern end of the Texas Hill Country, approximately 135 miles northwest of Austin, 120 miles southwest of Fort Worth, and 75 miles southeast of Abilene. Brownwood is served by highways US 67, US 84, US 183, US 377, and Texas State Highway 279. Brownwood is the county seat of Brown County and serves as the economic core of an eight-county trade area. The Brownwood area is home to major employers such as the 3M Company, Kohler Company, and Superior Essex. Many regional amenities are within a short drive from Brownwood including Lake Brownwood State Park and the Pecan Bayou paddling trail. The Brownwood Regional Airport is approximately six miles north of Downtown and services commercial, private, military, and tourism traffic. Some recent highlights in the area include: May 2025: Brownwood city council approved the $18 million downtown revitalization project, giving a green light for Phase 1 to begin. Brownwood’s Downtown Master Plan covers 102 city blocks along US 377 and focuses on infrastructure upgrades, enhanced public spaces, and strategic redevelopment to boost local businesses and tourism. Their goal is to create a more walkable, vibrant district with new parks (like the Silo Promenade), improved streetscapes (Baker & Fisk Streets), and event spaces, aiming to make downtown a community hub. December 2025: Governor Greg Abbott announced that the Texas Music Office has designated the City of Brownwood as a Music Friendly Texas Certified Community. City of Brownwood Mayor Stephen E. Haynes stated, “This will help Brownwood achieve improved visibility of our music assets and help heighten our tourism and quality of life offerings throughout the community.” November 2025: The Brownwood Event Center Complex received top honors at the 2025 Texas Downtown Annual Conference in Waco. The complex was awarded Best New Construction, Best Economic Game Changer, and the People’s Choice Award for Best New Construction. The Best Economic Game Changer award recognized the complex for helping Brownwood’s economy, as the Feels Like Home Festival alone has brought in an estimated $1.2 million.

Exclusively Listed By

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