205 8th Street, Moody, TX 76557
Local realty services provided by:ERA Experts
Listed by:christophe blanc
Office:pine & beckett, realtors
MLS#:582636
Source:TX_FRAR
Price summary
- Price:$1,899,000
- Price per sq. ft.:$333.04
About this home
Investor Portfolio – 7 Renovated and Fully Leased Homes in Moody, TX
Rare opportunity to acquire a fully leased, turnkey portfolio of 7 renovated single-family homes in the growing community of Moody, Texas. Ideally positioned between Temple/Belton and Waco, this package is perfectly suited for investors seeking immediate cash flow, strong tenant demand, and long-term appreciation potential.
The portfolio includes five (5) 2-bedroom, 1.5-bathroom homes and two (2) 3-bedroom, 2-bathroom homes, each thoughtfully updated with modern interior finishes including granite countertops, luxury vinyl plank flooring, and updated kitchens and baths. These upgrades reduce capital expenditures and enhance tenant satisfaction and retention.
All properties are currently under lease, generating a total monthly rental income of $9,270 and projected gross annual income of $111,240. Notably, 203 8th St is pre-leased with tenancy beginning July 1, 2025, further ensuring continued occupancy and income stability. This offering provides a projected cap rate of approximately 4.98, with room for upside through rent growth or individual resale strategies.
Located in a walkable residential area, these homes offer tenants the comfort of country living with convenient access to local schools, parks, shops, and highways. Moody is a fast-growing small town with rising rental demand driven by proximity to large employment hubs like Baylor University, Baylor Scott & White Medical Center, and the expanding I-35 corridor. This location supports long-term value, stable tenancy, and appealing exit strategies.
Whether you're expanding your portfolio, entering the Central Texas market, or looking for a stable, low-maintenance asset, this 7-home package offers a complete, income-producing investment on day one.
Please do not disturb tenants. Showings available with proof of funds or lender pre-approval.
Contact an agent
Home facts
- Year built:1997
- Listing ID #:582636
- Added:116 day(s) ago
- Updated:October 03, 2025 at 02:34 PM
Rooms and interior
- Living area:5,702 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric
- Heating:Central, Electric
Structure and exterior
- Roof:Metal
- Year built:1997
- Building area:5,702 sq. ft.
- Lot area:0.77 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,899,000
- Price per sq. ft.:$333.04
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