900 Odessa ST, Kingsland, TX 78639 - MLS#9411086

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Mon

Dec

Tue

Dec

Wed

Dec

Spencer Wheelwright

[email protected] +1(512) 944-8553

$2,125,000

Est. payment - /mo

1,000 SqFt

Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Mobile Home Park

Listing Status Active

Purchase Type For Sale

Square Footage 1,000 sqft

Price per Sqft $2,125

Subdivision Royal Oaks Estates 6

MLS Listing ID 9411086

Year Built 2020

Annual Tax Amount $259

Tax Year 2025

Lot Size 1.966 Acres

Acres 1.9659

Property Sub-Type Mobile Home Park

Source actris

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.

Location

State TX

County Llano

Interior

Heating Central

Cooling Central Air

Flooring Vinyl

Fireplace No

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Total Parking Spaces 14

Building

Sewer MUD

Water Public

Structure Type See Remarks

New Construction No

Others

Special Listing Condition Standard

Read Less Info

Listed by eXp Realty, LLC

GET MORE INFORMATION

Spencer Wheelwright

+1(512) 944-8553

Broker Associate | License ID: 667574

Broker Associate License ID: 667574

900 Odessa ST Kingsland, TX 78639

Spencer Wheelwright

Key Details

Location

Interior

Exterior

Building

Others

GET MORE INFORMATION