For sale
$1,349,000
205 8th Street and 506-508 Avenue A None #508
Moody, TX 76557
- 0 beds
- 0 baths
- 0.95 acres
Listing courtesy of Keller Williams Realty · (512) 448-4111 · MLS# 5671749 · Status: Active
About this home
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, longterm hold stability, and future flexibility to explore individual home sales, subject to buyer due diligence.
Description provided by the listing brokerage.
Facts
- Property type
- Commercial Sale · Multi Family
- Year built
- 1997
- Lot size
- 0.95 acres
- Stories
- 1
- Annual taxes
- $14,000
- County
- McLennan
- Neighborhood
- M Ot
Features
- Sewer
- Public Sewer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Tile, Vinyl
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
- Water
- Public
- Parking
- Carport, Driveway
- Foundation
- Slab
- Energy efficiency
- Other/See Remarks
- Accessibility
- None
- Construction
- Masonry – Partial
Location
Listings courtesy of Unlock MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of November 15, 2026 at 4:46 PM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, and its use may be subject to an end user license agreement prescribed by the applicable MLS. Some IDX listings have been excluded from this website. Any use or search of this website other than by a consumer looking to purchase or lease real estate is prohibited. Terms of use