417 HOUSTON STREET E, KENEDY, TX 78119
Homes for sale in Kenedy.
Homes for sale in 78119.
List Price$899,000
417 Houston Street E
Kenedy, TX 78119
Listing #1120237
7
Square Feet
Commercial
Type
About This Property
Instant cash flow opportunity located at 412 E. Houston Street in Kenedy, TX, this stabilized 7-unit manufactured housing community is 100% leased to Select Energy at $1,750 per month per unit (each valued ~$40k), generating a total of $12,250 per month in rental income from a single corporate tenant. Built in 2014 and maintained in excellent overall condition, the community offers the reliability of a corporate-backed, fully occupied income stream with minimal management complexity. The site spans approximately 1.6 acres and is zoned MH-1 (Manufactured Housing), with well-kept grounds and paved interior access. A corporate tenant like Select Energy brings the kind of payment consistency that individual tenant parks typically cannot match, making this an especially attractive acquisition for investors seeking low-risk, stabilized cash flow in the South Texas energy market. This community represents a turnkey opportunity with a strong existing income profile with a tenant that has been on site for over 5 years.
Property Features
Location Information
County
Karnes
Subdivision
Thulemeyer & Kauffman Add
County
Karnes
Directions
Property is northward adjacent to Houston Street
Area
Out of Area
Interior Features
Heating
See Remarks
Disabled Features
None
Floors
See Remarks
Accessibility
None
Exterior Features
Style
See Remarks
Water
Public
Is New Construction
No
Parking Description
See Remarks
Construction/Exterior
See Remarks
Lot Size in Acres
1.598
Possession
Closing & Funding
Buildings
7
Water / Sewer
Public Sewer
Has Waterfront
No
Additional Information
Other Utilities
Electricity Connected
APN
1033770
Property Type
COM
Status
Active
Property SubType
Mobile Home
Documents Available
Aerial
Year Built
2014
Similar Listings
Mortgage Calculator
$4,197
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,239
Monthly Tax
$749
Monthly Insurance
$209
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
Real Estate IDX Powered by iHomefinder