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Listed price in listed location currency (USD).
$1,499,000

000

MLS® 600321

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size 7624 sqft
Garage No
Maintenance Fees 
Taxes 
Days Active 7
Approx. Age 1997
Avg. Price Per Sqft $196
MLS® Number 600321

Property Address: 205 8th St, Moody, TX, 76557-3867

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number600321
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1997
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 5, 2026List Date
$1,499,000List Price
  • Commute

Commute

Starting Address
Destination Address
205 8 Th St, Moody, TX

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