ActiveCommercial · sale

205 8th Street and 506-508 Avenue A None

Moody, TX 76557

$1,349,000

  • 7,624 sq ft
  • 0.95 acres
  • Built 1997

Listed by Keller Williams Realty · MLS #ACT5766396

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205 8th Street and 506-508 Avenue A None, Moody, TX 76557 · MLS #ACT5766396

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A FEW THINGS TO NOTICE

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Year built

Built in 1997.

Property size

0.95 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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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, longterm hold stability, and future flexibility to explore individual home sales, subject to buyer due diligence.

THE NEIGHBORHOOD

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205 8th Street and 506-508 Avenue A None, Moody, TX 76557

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THE DETAILS

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Property type
Commercial Sale
Category
Commercial
Year built
1997
Cooling
Central Air
Heating
Central
Flooring
Tile, Vinyl
Accessibility
None
Subdivision
M Ot
Parcel
380070000017001
Annual property tax
$14,000.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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Listing information

MLS #ACT5766396 · Austin Board of Realtors

Listing brokerage: Keller Williams Realty
Listing agent: Megan Flake

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.