205 8th Street, Moody, TX, 76557

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$1,745,000
138 Days On Site

205 8th Street
Moody, TX 76557

For Sale|Apartment|Active
0
Beds
0
Total Baths
5,702
SqFt
$306
/SqFt
1997
Built
Subdivision:
M Ot
County:
Other

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205 8th Street205 8th Street
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Investor Portfolio – 7 Renovated and Fully Leased Homes in Moody, TX Rare opportunity to acquire a fully leased, turnkey portfolio of 7 renovated single-family homes in the growing community of Moody, Texas. Ideally positioned between Temple/Belton and Waco, this package is perfectly suited for investors seeking immediate cash flow, strong tenant demand, and long-term appreciation potential. The portfolio includes five (5) 2-bedroom, 1.5-bathroom homes and two (2) 3-bedroom, 2-bathroom homes, each thoughtfully updated with modern interior finishes including granite countertops, luxury vinyl plank flooring, and updated kitchens and baths. These upgrades reduce capital expenditures and enhance tenant satisfaction and retention. All properties are currently under lease, generating a total monthly rental income of $9,270 and projected gross annual income of $111,240. This offering provides a projected cap rate of approximately 4.98, with room for upside through rent growth or individual resale strategies. Located in a walkable residential area, these homes offer tenants the comfort of country living with convenient access to local schools, parks, shops, and highways. Moody is a fast-growing small town with rising rental demand driven by proximity to large employment hubs like Baylor University, Baylor Scott & White Medical Center, and the expanding I-35 corridor. This location supports long-term value, stable tenancy, and appealing exit strategies. Whether you're expanding your portfolio, entering the Central Texas market, or looking for a stable, low-maintenance asset, this 7-home package offers a complete, income-producing investment on day one. Please do not disturb tenants. Showings available with proof of funds or lender pre-approval.

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Listing Snapshot
Price 
$1,745,000
Days On Site 
138 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,702 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.771 Acres
Year Built 
1997
MLS® Number 
582636
Status 
Active
Property Tax 
$10,009
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
3 weeks agoPrice changed to $1,745,000
3 weeks agoListing updated with changes from the MLS®
5 months agoListing first seen on site
General Features
Acres 
0.771
Attached Garage 
Yes
Carport 
1
Foundation 
Slab
Levels 
One
Property Sub Type 
Apartment
Sewer 
Public Sewer
Style 
Ranch
Water Source 
Public
Interior Features
Appliances 
DishwasherElectric RangeElectric Water HeaterRefrigeratorRange HoodWater HeaterRange
Cooling 
Ceiling Fan(s)Central AirElectric
Fireplace Features 
None
Flooring 
TileVinyl
Heating 
CentralElectric
Interior 
Ceiling Fan(s)Walk-In Closet(s)Granite Counters
Laundry Features 
Washer HookupElectric Dryer Hookup
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Exterior Features
Construction Details 
Stone Veneer
Fencing 
None
Road Frontage 
City StreetUnimproved
Roof 
Metal
View 
None
Waterfront Features 
None
Waterview 
None
Community Features
Financing Terms Available 
CashConventional
Roads 
Dirt
School District 
Moody ISD
Schools
School District
Moody ISD
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Christophe Blanc of Pine & Beckett, Realtors



Listing information is provided by Participants of the Central Texas MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Central Texas MLS.
Last checked: 2025-10-24 05:34 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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