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205 8th St and 506-508 Ave A - Moody, TX 7 Specialty Properties Offered at $1,499,000 in Moody, TX
INVESTMENT HIGHLIGHTS
- Central Moody location with convenient access to Highway 84, Highway 36, and I-35
- Minimal historical vacancy and strong tenant payment performance
- Fully occupied portfolio with long-term leases in place, providing immediate income stability
- Functional, in-demand unit layouts appealing to long-term tenants
- Complete rehabilitation recently finished, limiting near-term capital expenditure requirements
- Combined annual property taxes of approximately $14,000, well below regional averages for similar income levels
EXECUTIVE SUMMARY
The Moody Portfolio is a fully renovated, stabilized 7 stand alone houses portfolio located in Moody, Texas, consisting of five 2-bedroom / 1.5-bath units and two 3-bedroom / 2-bath units situated across two parcels totaling approximately 0.95 acres. The portfolio is zoned Residential, features professional management in place, and has undergone a comprehensive renovation that was completed as of July 2024. The portfolio is currently 100% occupied with long-term leases in place, providing immediate, predictable cash flow for a new owner.
Moody benefits from its strategic position along US Highway 84 and State Highway 36, with convenient access to Interstate 35, connecting tenants to larger employment centers such as Waco, Temple, Killeen, and the greater Central Texas region. The area offers a small-town living environment with limited rental inventory, contributing to strong tenant demand and quick lease-up performance. The subject units appeal to tenants due to their modernized interiors, functional floor plans, and competitive rental rates relative to surrounding markets. Portfolio has standing waiting list which demonstrates the depth of demand, even following meaningful rent increases after renovation.
Moody benefits from its strategic position along US Highway 84 and State Highway 36, with convenient access to Interstate 35, connecting tenants to larger employment centers such as Waco, Temple, Killeen, and the greater Central Texas region. The area offers a small-town living environment with limited rental inventory, contributing to strong tenant demand and quick lease-up performance. The subject units appeal to tenants due to their modernized interiors, functional floor plans, and competitive rental rates relative to surrounding markets. Portfolio has standing waiting list which demonstrates the depth of demand, even following meaningful rent increases after renovation.
PROPERTY FACTS
| Price | $1,499,000 | Number of Properties | 7 |
| Price / SF | $195.33 / SF | Individually For Sale | 0 |
| Cap Rate | 6.40% | Total Building Size | 7,674 SF |
| Sale Type | Investment | Total Land Area | 4.26 AC |
| Status | Active |
| Price | $1,499,000 |
| Price / SF | $195.33 / SF |
| Cap Rate | 6.40% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 7 |
| Individually For Sale | 0 |
| Total Building Size | 7,674 SF |
| Total Land Area | 4.26 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 203 8th St, Moody, TX 76557 | Specialty | 1,386 SF | 1997 | - |
| 103 Pecan, Moody, TX 76557 | Specialty | 1,256 SF | 1997 | - |
| 102 Pecan, Moody, TX 76557 | Specialty | 1,020 SF | 1997 | - |
| 201 8th St, Moody, TX 76557 | Specialty | 1,020 SF | 1997 | - |
| 104 Pecan Dr, Moody, TX 76557 | Specialty | 1,020 SF | 1997 | - |
| 506 Avenue A, Moody, TX 76557 | Specialty | 986 SF | 1997 | - |
| 508 Avenue A, Moody, TX 76557 | Specialty | 986 SF | 1997 | - |
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205 8th St and 506-508 Ave A - Moody, TX
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