A great investment opportunity in Lolita, TX, located approximately 11 miles from Formosa Plastics and approximately 20 miles from the coast. This property features 15 RV spots and 1 fully furnished manufactured home. The manufactured home is capable of holding 4 separate tenants and is made for convenience and comfort. Each rooms offers tenants their own personal bedroom, bathroom, sink vanity, and shower. Shared among tenants is a dining area, full kitchen, and washer & dryer. Outside, tenants have a shared porch and yard that offers ample space for parking and relaxation. The RV spots offer comfortable parking and space for the tenants to enjoy outside to cook, mingle, or relax. With the local plants expansion, the property has the potential to be in high demand as more jobs are being offered in the area.
The median home value in Lolita, TX is $352,000. This is higher than the county median home value of $172,000. The national median home value is $338,100. The average price of homes sold in Lolita, TX is $352,000. Approximately 41.62% of Lolita homes are owned, compared to 19.83% rented, while 38.55% are vacant. Lolita real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lolita real estate agent to arrange a tour today!
Lolita, Texas has a population of 715. Lolita is more family-centric than the surrounding county with 67.73% of the households containing married families with children. The county average for households married with children is 34.38%.
The median household income in Lolita, Texas is $50,894. The median household income for the surrounding county is $60,807 compared to the national median of $69,021. The median age of people living in Lolita is 33.5 years.
The average high temperature in July is 91.3 degrees, with an average low temperature in January of 44.7 degrees. The average rainfall is approximately 42.8 inches per year, with 0 inches of snow per year.