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USATXMoodyM Ot205 8Th St
205 8 Th St, Condo with 0 bedrooms, 0 bathrooms and null parking in Moody TX | Image 1
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$1,899,000

205 8 Th St, Moody, TX

Condo

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential
Size 5702 sqft
Garage No
Maintenance Fees 
Taxes 
Days Active 24
Approx. Age 1997
Avg. Price Per Sqft $333
MLS® Number 582636

Property Address: 

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

Description

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.Show Description
MLS® Number582636
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelWasher Hookup, Electric Dryer Hookup
Exposure
Exterior
GarageNo
Approx. Age1997
Stories
Pets
Corp Number

Included in Maintenance Fee

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

Utilities

HeatCentral, Electric
A/CCentral Air, Electric, One Unit
Heating Fuel

Extras

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