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.
Active
$1,899,000
205 8th St, Moody, TX 76557
16beds
9baths
5,702sqft
Est.:
Multi Family, Apartment
Built in 1997
-- sqft lot
$1,739,700 Zestimate®
$333/sqft
$-- HOA
What's special
Modern interior finishesGranite countertopsUpdated kitchens
- 62 days
- on Zillow |
- 143 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: June 17, 2025 at 07:11am
Listed by:
Christophe Blanc 432-889-8208,
Pine & Beckett, Realtors,
Chris Beckett 432-686-7000,
Pine & Beckett, Realtors
Source: Central Texas MLS,MLS#: 582636
Originating MLS: Temple Belton Board of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 9
Heating
- Central, Electric
Cooling
- Central Air, Electric, 1 Unit
Appliances
- Included: Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Range Hood, Water Heater, Some Electric Appliances, Range
- Laundry: Washer Hookup, Electric Dryer Hookup
Features
- Ceiling Fan(s), Vanity, Walk-In Closet(s), Granite Counters
- Flooring: Tile, Vinyl
- Attic: Access Only
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 5,702 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Attached Carport
- Carport spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: None
- Body of water: None
Lot
- Size: 0.77 Acres
Details
- Parcel number: 380070000021008
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family, Apartment
- Attached to another structure: Yes
Materials
- Stone Veneer
- Foundation: Slab
- Roof: Metal
Condition
- Resale
- Year built: 1997
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: M Ot
HOA
- Has HOA: No
Location
- Region: Moody
Financial & listing details
- Price per square foot: $333/sqft
- Tax assessed value: $500,000
- Annual tax amount: $10,008
- Date on market: 6/8/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Dirt
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