This prime investment property offers a unique opportunity to capitalize on an existing, vacant RV park with 10 established spots. Located in a growing area, the property features tremendous potential for expansion and development. Currently set up as an RV park, the land is zoned and has the infrastructure in place to accommodate up to 4 duplexes (8 units), 7 mobile homes or trailers. With utilities available and the space already cleared, this is an ideal opportunity for developers, investors, or those looking to build a rental portfolio with strong income potential. Key Features: • 10 RV park spots already in place for immediate use • Development potential for 4 duplexes (8 units) • Development potential for 7 mobile homes/trailers •
Property Details
Property Features
Listing Office:
Office Name: Cedar Hill Properties
Lot Features
Lot Information:
Lot: Cleared
Lot Size: 2.07 Acres
Other
Directions Information:
Directions: From 1638, TR onto Gumwell Road. Property is on right. Sign Posted.
Price Information
Listing Price Info
Price Summary:
List Price: $199,900
Tax Information:
Annual Amount: $482
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Brandenburg, KY.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,065
Per Month
Principal & Interest
$998
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$666
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Ekron Elementary School
2500 Haysville Rd
Distance between this listing and this school5.20 miles
Public District Grades KG-6
7
/10
Brandenburg Primary School
750 Broadway St
Distance between this listing and this school5.28 miles
Public District Grades PK-3
8
/10
Flaherty Primary School
2635 Flaherty Rd
Distance between this listing and this school6.31 miles
Public District Grades KG-3
Nearby Schools
7
/10
David T. Wilson Elementary School
1075 Old Ekron Rd
Distance between this listing and this school5.39 miles
Public District Grades 4-6
5
/10
Stuart Pepper Middle School
1085 Old Ekron Rd
Distance between this listing and this school5.57 miles
Public District Grades 7-8
7
/10
Flaherty Elementary School
2615 Flaherty Rd
Distance between this listing and this school6.27 miles
Public District Grades 4-6
Nearby Schools
5
/10
Meade County High School
938 Old State Rd
Distance between this listing and this school6.29 miles
Public District Grades 9-12
4
/10
North Hardin High School
801 S Logsdon Pkwy
Distance between this listing and this school10.74 miles
Public District Grades 9-12
7
/10
South Central Jr & Sr High School
6675 E Highway 11 SE
Distance between this listing and this school10.85 miles
The neighbors living near this home have an average income of $64,375. The majority of Brandenburg, KY residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 395 Gumwell Rd
What is the listing price of this property?
The listing price of 395 Gumwell Rd property is $199,900.
What type of property is this?
The property 395 Gumwell Rd is land located in Brandenburg, Kentucky, 40108.
Is this property for sale now?
Active Listing: 395 Gumwell Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $482 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 395 Gumwell Rd in Brandenburg, KY and zip code 40108. This home sits on a 2.07 acre lot. It has been listed on Rocket Homes since January 13, 2025 and is currently priced at $199,900.
While more than 0 listings in Brandenburg, KY in December 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 4 were sold below. Between November 2024 and December 2024, Brandenburg, KY real estate market has seen increase in the number of listings by 13.3%.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Metro Search, Inc. All Rights Reserved.
Hunting
Hunting
NASCAR
Monster Trucks
Wal-Mart
Academy Sports & Outdoors
Dollar General
Hardee's
Jimmy Johns
Applebees
Ram
Chevrolet
GMC
Classic Country
New Country