254-267-0617         127 Lake Road | Suite 204 | Belton, TX 76513

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$1,499,000
60 Days On Site

205 8th Street and 506-508 Avenue A
Moody, TX 76557

For Sale|Multi Family|Active
0
Beds
0
Total Baths
7,624
SqFt
$197
/SqFt
1997
Built
Subdivision:
M Ot
County:
McLennan
Call Now: 254-267-0617
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254-267-0617
205 8th Street and 506-508 Avenue A205 8th Street and 506-508 Avenue A205 8th Street and 506-508 Avenue A205 8th Street and 506-508 Avenue A
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Monthly Payment (Est.)

$6,839
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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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Listing Snapshot
Price 
$1,499,000
Days On Site 
60 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,624 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.95 Acres
Year Built 
1997
MLS® Number 
5766396
Status 
Active
Property Tax 
$14,000
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
2 months agoListing first seen on site
2 months agoListing updated with changes from the MLS®
General Features
Acres 
0.95
Additional Property Use 
Multi-FamilyResidential
Building Features 
Appliances
Disclosures 
None
Foundation 
Slab
Number Of Stories 
1
Parking 
CarportDriveway
Parking Spaces 
14
Property Sub Type 
Multi Family
Security 
See Remarks
Sewer 
Public Sewer
Special Circumstances 
Real Estate Owned
SqFt Total 
7624
Utilities 
Electricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Cooling 
Central Air
Flooring 
TileVinyl
Heating 
Central
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Exterior Features
Other Structures 
None
Community Features
Financing Terms Available 
Conventional
Horse Allowed 
Yes
MLS Area 
Out of Area
Listing courtesy of Keller Williams Realty meganflake@kw.com


All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings courtesy of ACTRIS as distributed by MLS GRID. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied.
Last checked - 2026-03-06 11:58 PM CST

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Neighborhood & Commute
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