900 Odessa St # 1-16 Kingsland, TX $ 2,125,000
900 Odessa St # 1-16
$ 2,125,000
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900 Odessa St # 1-16

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
Unit Number 1-16
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

Map


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900 Odessa St # 1-16, 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 # 1-16 was built in 2020. The property's zip code is 78639 which is in Kingsland, TX