205 8TH STREET, MOODY, TX 76557

Homes for sale in Moody.

Homes for sale in 76557.


205 8th Street

Moody, TX 76557

Status of the property has changed, please contact for details

List Price$1,499,000

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

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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