For sale
$849,500
417 Houston St E
Kenedy, TX 78119
- 0 beds
- 0 baths
- 1.6 acres
Listing courtesy of All Hands Real Estate · (512) 327-1994 · MLS# 1120237 · Status: Active
About this home
Seller highly motivated, bring any and all reasonable offers. 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.
Description provided by the listing brokerage.
Facts
- Property type
- Commercial Sale · Mobile Home Park
- Year built
- 2014
- Lot size
- 1.6 acres
- Annual taxes
- $2,621
- County
- Karnes
- Neighborhood
- Thulemeyer & Kauffman Add
Features
- Sewer
- Public Sewer
- Cooling
- See Remarks
- Heating
- See Remarks
- Flooring
- See Remarks
- Utilities
- Electricity Connected
- Water
- Public
- Parking
- See Remarks
- Energy efficiency
- None
- Accessibility
- None
- Construction
- See Remarks
Location
Listings courtesy of Unlock MLS as distributed by MLS GRID.
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