900 Odessa St Kingsland, TX $ 2,125,000
900 Odessa St
$ 2,125,000
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900 Odessa St

Kingsland, TX, 78639
$ 2,125,000
Bedrooms-- Baths-- Sq 1,000
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Property for Rent in Kingsland, TX

for $2,125,000. This 1,000 square foot property was built in 2020 on a lot size of 1.9659.

Excellent investment opportunity featuring 14 single-wide 3BR/2BA homes (approximately 1,000 sq ft each) on individual 0.10-acre lots. This well-maintained park is 100% occupied and benefits from strong, consistent rental demand in the growing Lake LBJ corridor. Each unit rents for $1,400 per month, providing reliable cash flow, with tenants either responsible for utilities or units operating under gross rents. Operating expenses average roughly 35% of gross income, in line with typical small-park performance. Based on current financials, investors can expect a 7%–8% cap rate, with room for upside through modest rent increases or utility restructuring. Conveniently located near schools, shopping, and year-round recreation, the property is well-positioned to capitalize on Kingsland’s steady population growth and demand for affordable housing. A rare turnkey, stabilized MH park offering dependable income and long-term stability in Central Texas.

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Rental Active

Price

$ 2,125,000

Taxes

$ 259

Style

Mobile Home Park

Lot Size

1.9659

Year Built

2020

Town/City

Kingsland

County/Region

Llano

MLS | Web ID

9411086

Features
General
Sewer MUD
Heating Central
Cooling Central Air
Utilities Electricity Connected Sewer Connected Water Connected
Construction Materials See Remarks
Year Built 2020
Property Subtype Mobile Home Park
Tax Year 2025
Current Use Manufactured Home Multi-Family Residential
Accessibility None
County Llano
Net Operating Income 152880
Operating Expense 0.35
New Construction N
Property Type Commercial Sale
Energy Efficient None
Subdivision Name Royal Oaks Estates 6
Building Features See Remarks
Green Sustainability None
Other Structures None
Status Active
Directions FM 1431 to Dilley St - Keep Left on Aster - Right on Dallas - Left on Corona - Right on Odessa
City Kingsland
Disclosures MUD Seller Disclosure
MLS Area LL
Lot Size Square Feet 85634.6
Tax Annual Amount 259.63
Property Condition Resale
Leasable Area 1000
Virtual Tour https://axiom-digital-promotions.aryeo.com/sites/mznrqxn/unbranded
Lease Type See Remarks
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 21420
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Interior
Flooring Vinyl
Total Bedrooms 0
Total Baths 0
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Exterior
Parking Features Driveway
Water Source Public
Total Parking 14
Number of Buildings 14
Building Area Total 1000
Lot Size Acres 1.9659
Waterfront Y/N N
Other Equipment None
Horse Y/N N
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Internal Only
Street Number 1 900
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* Excluded Features
List By
Katie Simon

Listing Agent

Exp Realty, Llc

Broker

katie.simon@exprealty.com

Email

Nearby
3038596 Elementary School
3038443 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/25/2025$2,125,000 Listed Price

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900 Odessa St, Kingsland, TX, 78639 is a Property for Rent at $2,125,000 with 1,000 sqft and a lot size of 1.9659. 900 Odessa St was built in 2020. The property's zip code is 78639 which is in Kingsland, TX