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900 Odessa ST, Kingsland, TX 78639
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$2,125,000
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Home Details for 900 Odessa ST
Price
$2,125,000
Type
Commercial/Industrial
Year Build
2020
Lot Size
1.9659
County
Llano
Tax
$259.63
MLS®️ Listing#
9411086
On exitrealty.com
56 days
Property Description
Excellent investment opportunity featuring 14 single-wide 3BR/2BA homes (approximately 1,000 sq ft each) on individual 0.10-acre lots. This well-maintained park is 100% occupied and benefits from strong, consistent rental demand in the growing Lake LBJ corridor. Each unit rents for $1,400 per month, providing reliable cash flow, with tenants either responsible for utilities or units operating under gross rents. Operating expenses average roughly 35% of gross income, in line with typical small-park performance. Based on current financials, investors can expect a 7%–8% cap rate, with room for upside through modest rent increases or utility restructuring. Conveniently located near schools, shopping, and year-round recreation, the property is well-positioned to capitalize on Kingsland’s steady population growth and demand for affordable housing. A rare turnkey, stabilized MH park offering dependable income and long-term stability in Central Texas.
- Utilities
- Electricity Connected
- Sewer Connected
- Water Connected
- Cooling Information
- Central Air
- Heating Information
- Central
- Water Features
- Public
- Parking
- Driveway
Listing Courtesy: eXp Realty, LLC - (512) 588-0094
Based on information submitted to the MLS GRID as of 2025-11-25 14:01:18 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-11-25 14:01:18
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EXIT HEART OF TEXAS REALTY
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$2,125,000
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EXIT HEART OF TEXAS REALTY
4003 W. Stan Schlueter Loop Rd. Suite 106, Killeen, TX 76549