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Status: Active

205 8th St 
Moody, TX 76557

$1,899,000

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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. 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.
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Baths
0
House Size
5,702 sqft
Year Built
1997
Lot Size
0.77 ac
School District
Moody ISD

Location

Market Insights

In the last 30 days, homes for sale in 76557, Moody, TX were on the market for a median of 141.5 days and 0% of homes sold above list price.

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Interior Information

appliances
Dishwasher
Electric Range
Electric Water Heater
Refrigerator
Range Hood
Water Heater
Range
cooling
Ceiling Fan(s)
Central Air
Electric
features
Ceiling Fan(s)
Walk-in Closet(s)
Granite Counters
fireplace
None
flooring
Tile
Vinyl
heating
Central
Electric
laundry features
Washer Hookup
Electric Dryer Hookup
view
None

Exterior Information

fence
None
road surface
Dirt
roof
Metal

Property Information

architectural style
Ranch
construction
Stone Veneer
foundation
Slab
sewer
Public Sewer
subdivision name
M Ot
water source
Public
  • Listed By Christophe Blanc
  • (432) 889-8208
  • Pine & Beckett, Realtors
  • (432) 686-7000
  • chris@pineandbeckett.com
  • MLS 582636

Monthly Payments Calculator

Estimated Monthly Cost

$11,888

30 year fixed·6.9% interest rate
Principal & Interest
$10,005
Property Taxes
$1,583
Home Insurance
$300
HOA Fees
$0
%

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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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