205 8TH STREET, MOODY, TX 76557
Homes for sale in Moody.
Homes for sale in 76557.
205 8th Street
Moody, TX 76557
List Price$1,499,000
Listing #600321
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, long-term hold stability, and future flexibility to explore individual home sales, subject to buyer due diligence.
Property Features
Location Information
County
McLennan
Directions
East on Eddy-Gatesville Parkway from Lone Star Parkway/ Avenue D, Property is on the left
Interior Features
Interior
See Remarks
Floors
Tile, Vinyl
Heating
Central
Disabled Features
Other, See Remarks
Cooling
Central Air
Exterior Features
Stories
1
Lot Size in Acres
0.95
Construction/Exterior
Stone Veneer
Water Body
None
Foundation
Slab
Has Waterfront
No
Possession
Subject To Tenant Rights
Has View
No
Water / Sewer
Public Sewer
View
None
Parking Description
Carport, Other, See Remarks
Is One Story
Yes
Additional Information
Roof/Attic
Metal
Year Built
1997
Other Utilities
Other, See Remarks
Status
Active
Property Type
COM
Amenities
None
Property SubType
Commercial
Documents Available
Aerial, Appraisal, Deed Restriction, Other, Profit/Loss Statement, See Remarks
Property SubType 2
Commercial Sale
Square Feet Source
Appraiser
Similar Listings
Mortgage Calculator
$6,999
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$5,401
Monthly Tax
$1,249
Monthly Insurance
$349
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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