205 8TH STREET AND 506-508 AVENUE A, MOODY, TX 76557

Homes for sale in Moody.

Homes for sale in 76557.


Active

List Price$1,349,000

205 8th Street and 506-508 Avenue A

Moody, TX 76557

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #5766396

7,624

Square Feet

Commercial

Type

About This Property

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.

Property Features

Location Information

County

McLennan

Subdivision

M Ot

County

McLennan

Directions

East on Eddy-Gatesville Parkway from Lone Star Parkway/ Avenue D, Property is on the left

Area

Out of Area

Interior Features

Heating

Central

Disabled Features

None

Floors

Tile, Vinyl

Accessibility

None

Exterior Features

Style

Masonry

Water

Public

Is New Construction

No

Parking Description

Carport, Driveway

Construction/Exterior

Masonry

Lot Size in Acres

0.95

Foundation

Slab

Buildings

7

Possession

Subject To Tenant Rights

Has Waterfront

No

Water / Sewer

Public Sewer

Is One Story

Yes

Additional Information

Other Utilities

Electricity Connected, Sewer Connected, Water Connected

APN

380070000017001

Property Type

COM

Status

Active

Property SubType

Multi Family

Documents Available

Aerial, Appraisal, Rent Rolls

Year Built

1997

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Mortgage Calculator

$6,299

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$4,861

Monthly Tax

$1,124

Monthly Insurance

$314

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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