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205 8th Street, 
Moody, TX 76557

$1,899,000


Bed


Bath


5,702

Sq Ft


Condo


Virtual Tour

Active

Listed by

Christophe Blanc

Chris Beckett

Pine & Beckett, Realtors

Last updated:

June 17, 2025, 03:32 PM

MLS#

582636

Source:

TX FRAR

About This Home

205 8th Street

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. Notably, 203 8th St is pre-leased with tenancy beginning July 1, 2025, further ensuring continued occupancy and income stability. 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.

Home Facts

Condo

Built in 1997

Price Summary

1,899,000

$333 per Sq. Ft.

MLS #:

582636

Last Updated:

June 17, 2025, 03:32 PM

Added:

9 day(s) ago


Rooms & Interior

Interior

Living Area:

5,702 Sq. Ft.


Structure

Structure

Building Area:

5,702 Sq. Ft.

Year Built:

1997


Lot

Lot Size (Sq. Ft):

33,584


Finances & Disclosures

Finances

Price:

$1,899,000

Price per Sq. Ft:

$333 per Sq. Ft.

Source:TX FRAR
Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site comes in part from the FHAAR IDX INFO SHARE PROGRAM. Real estate listings held by brokerage firms other than Coldwell Banker Realty include the name of the listing agent. Copyright 2025 FHAAR IDX INFO SHARE PROGRAM. Last Updated June 17, 2025

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