REQUEST A TOUR

Sat

Jan

Sun

Jan

Mon

Jan

Alfonso Rodriguez

[email protected] +1(512) 215-4284

$ 1,499,000

Est. payment -/mo

Save

New

205 8th ST Moody, TX 76557

7,624 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 7,624 sqft

Price per Sqft $196

MLS Listing ID 600321

HOA Y/N No

Year Built 1997

Lot Size 0.950 Acres

Acres 0.95

Property Sub-Type Commercial

Property Description

The Moody Portfolio represents a rare opportunity to acquire a fully occupied, turnkey portfolio of seven renovated single-family homes located in the growing town of Moody, Texas. Ideally situated between Temple and Waco, the portfolio benefits from convenient access to Highway 84, Highway 36, and the I-35 corridor, supporting strong regional connectivity while still offering tenants the appeal of small-town living in a supply-constrained rental market. The properties are professionally managed, allowing for a seamless and hands-off transition for a new owner, and the portfolio underwent a comprehensive rehabilitation completed in July 2024, significantly limiting near-term capital expenditure requirements. The portfolio consists of five 2-bedroom, 1.5-bath homes and two 3-bedroom homes situated across two parcels totaling approximately 0.95 acres. Each residence features durable exterior finishes, including limestone siding and metal roofs, along with tenant-ready interiors incorporating tile and luxury vinyl plank flooring and functional, in-demand layouts appealing to long-term renters. The portfolio is currently 100% leased, generating combined monthly rental income of $9,270 and estimated gross annual income of $111,240, providing immediate and predictable cash flow. Minimal historical vacancy, strong tenant payment performance, and a standing waiting list underscore the depth of tenant demand, even following post-renovation rent increases. Additional investment advantages include combined annual property taxes of approximately $14,000, which are well below regional averages for similar income levels, as well as opportunities for continued operational efficiencies, long-term hold stability, and future flexibility to explore individual home sales, subject to buyer due diligence.

Location

State TX

County Mclennan

Interior

Interior Features See Remarks

Heating Central

Cooling Central Air

Flooring Tile, Vinyl

Fireplace No

Exterior

Parking Features Carport, Other, See Remarks

Community Features None

Utilities Available Other, See Remarks

Amenities Available None

View Y/N No

Water Access Desc Public

View None

Roof Type Metal

Accessibility Other, See Remarks

Building

Story 1

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Others

Tax ID 38-007000-002100-8 & 380070000017001

Special Listing Condition Real Estate Owned

Listed by Wendy Papasan • Keller Williams Realty

Areas Around Austin