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205 8th St

moody, TX 76557

$1,499,000

    INTERESTED? LET'S CONNECT

    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.

    Details

    7,624 Sq Ft

    0.95 Private Acres Lot Size

    Commercial

    Built in 1997

    MLS/Listing ID 600321

    1 Stories

    Amenities & Features

    Lot - City Lot

    Parking - Carport

    Metal

    Construction - Stone Veneer

    Cooling - Central Air

    Vinyl

    Tile

    Slab

    CTEXAS

    estimate my mortgage

    TOTAL MONTHLY COST

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    HOME PRICE
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    INTEREST

    Interested in 205 8th St?