TX
McLennan
Moody
76557
205 8th Street
205 8th Street, Moody, TX 76557
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Listing Type
Commercial/Industrial
Listing Status
Active
19
$1,499,000

Home Details for 205 8th Street

Price
$1,499,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
7624
Year built
1997
Lot size acres
0.95
County
McLennan
Garage
Days on site
11
MLS Listing#
600321
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.

Property Features
  • Utilities
    • Other
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  • Cooling Information
    • Central Air
  • Heating Information
    • Central
  • Water Features
    • Public
  • House Interior
    • See Remarks
Listing Courtesy: Keller Williams Realty - 512-448-4111
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EXIT HEART OF TEXAS REALTY
4003 W. Stan Schlueter Loop Rd. Suite 106, Killeen, TX 76549
Greg Ruehlen
Franchisee
Office
254 781 2012
Agent
254 394 2000
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