205 8th Street and 506-508 Avenue A
Moody, TX, 76557 $ 1,499,000
Bedrooms-- Baths-- Sq 7,624 Monthly Estimate*
$ 9,230
for $1,499,000. This 7,624 square foot building was built in 1997 on a lot size of 0.95.
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.
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FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Sewer Connected Water Connected
Security Features See Remarks
Construction Materials Masonry – Partial
Year Built 1997
Property Subtype Multi Family
Tax Year 2025
Current Use Multi-Family Residential
Accessibility None
County McLennan
Operating Expense 0
New Construction N
Property Type Commercial Sale
Energy Efficient Other/See Remarks
Subdivision Name M Ot
Building Features Appliances
Green Sustainability None
Other Structures None
Status Active
Directions East on Eddy-Gatesville Parkway from Lone Star Parkway/ Avenue D Property is on the left
City Moody
Disclosures None
MLS Area Out of Area
Lot Size Square Feet 41382
Tax Annual Amount 14000
Property Condition Resale
Additional Parcels Y/N Y
Leasable Area 7624
Lease Type See Remarks
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 700000
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InteriorFlooring Tile Vinyl
Total Stories 1
Total Bedrooms 0
Total Baths 0
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ExteriorParking Features Carport Driveway
Water Source Public
Total Parking 14
Foundation Details Slab
Number of Buildings 7
Building Area Total 7624
Lot Size Acres 0.95
Lot Size Source Public Records
Waterfront Y/N N
Other Equipment See Remarks
Horse Y/N N
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* Excluded FeaturesList ByKeller Williams RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $9,230
- Monthly Property Taxes
- $1,167
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Moody, TX
Average List Price $195,000
Percent of Sale Price 87%
About Moody, TX 1,273 Population
15% Since 2002
$ 56,129 Median Income
41.32 Median Age
20% Households with Children
Trends Information provided by ATTOM Data Solutions.
3038596 Elementary School
3038443 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/6/2026 | $1,499,000 | | Listed Price |