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205 8th Street
Moody TX 76557 US

$1,499,000

Active Listing ID 600321
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Lot: 0.95 Acres
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Other

$1,499,000

Active Listing ID 600321
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205 8th Street 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, long-term hold stability, and future flexibility to explore individual home sales, subject to buyer due diligence.

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Property Features

  • Facts
  • Lot Size: 0.95 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Floor Covering: Vinyl, Tile
  • Roof Type: Metal
  • Heating Fuels: Central

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1499000
  • unparsedaddress: 205 8th Street
  • postalcity: Moody
  • stateorprovince: TX
  • country: US
  • postalcode: 76557
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.95
  • lotsizeunits: Acres
  • lotsizearea: 0.95
  • livingarea: 7624
  • livingareaunits: Square Feet
  • listagentfullname: Wendy Papasan
  • listagentemail: wendy@papasanproperties.com
  • listagentkey: 3yd-SMABOR-785027961
  • listagentmlsid: 785027961
  • listagentpreferredphone: 5123301004
  • listagentofficephone: 5124484111
  • listofficekey: 3yd-SMABOR-200
  • listagentstatelicense: 0593308
  • listofficemlsid: 200
  • disclaimer: Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: SMABOR
  • yearbuilt: 1997
  • listingcontractdate: 2026-01-05
  • listagenturl: http://www.kw.com
  • countyorparish: McLennan
  • parcelnumber: 38-007000-002100-8 & 380070000017001
  • cooling: Central Air
  • constructionmaterials: StoneVeneer
  • flooring: Vinyl, Tile
  • heating: Central
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Carport
  • roof: Metal
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • speciallistingconditions: In Foreclosure
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"KELLER WILLIAMS SW MARKET CENTER", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"wendy@papasanproperties.com", "ListBrokerageCity":"Austin", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"KELLER WILLIAMS SW MARKET CENTER", "ListBrokeragePhone":"5124484111", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1801 S MoPac Expressway", "ListBrokerageWebsiteUrl":"http://www.kw.com", "ListOfficeAddress1":"1801 S Mopac Expy Ste 100 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"200", "ListOfficeCity":"Austin", "ListOfficeCountry":"USA", "ListOfficeEmail":"lramsey@kwaustin.com", "ListOfficePostalCode":"78746", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Moody, TX", "ListingURL":null, "MLSModificationTimestamp":"2026-01-06 01:49:19", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"MOODY OT LOT 14 15 16 17 18 19 20 D BLOCK 6 ACRES 0.771 & Moody OT Lot 5 6 Block 6 Acres 0.179 CONNALLY", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/6/2026 2:21:46 AM GMT
Source Updated Date: 1/10/2026 12:41:48 PM GMT

Courtesy of: Wendy Papasan, Keller Williams Realty, wendy@papasanproperties.com

Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.