Lots 1-14 Odessa Kingsland, TX 78639

$2,125,000
1.95
Acres
1,000
SQFT
2125
$/SQFT
$2,125,000
1,000   sf
$2125 / sf
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active
1/22
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Excellent investment opportunity offering 14 single-wide 3BR/2BA homes (~1,000 sq ft each) on individual 0.10-acre lots. This well-maintained park is 100% occupied with strong, consistent rental demand in the growing Lake LBJ corridor. Each unit rents for $1,400/month, providing reliable cash flow with tenants responsible for their own utilities or structured as gross rents. Operating expenses average ~35% of gross income, aligning with typical small-park performance. Based on current numbers, investors can expect a 7%–8% cap rate, with potential upside through modest rent increases or utility restructuring. Located close to schools, shopping, and year-round recreation, this property benefits from Kingsland’s steady population growth and demand for affordable housing. A rare turnkey, stabilized MH park offering solid income and long-term stability in Central Texas.

Excellent investment opportunity offering 14 single-wide 3BR/2BA homes (~1,000 sq ft each) on individual 0.10-acre lots. This well-maintained park is 100% occupied with strong, consistent rental demand in the growing Lake LBJ corridor. Each unit rents for $1,400/month, providing reliable cash flow with tenants responsible for their own utilities or structured as gross rents. Operating expenses average ~35% of gross income, aligning with typical small-park performance. Based on current numbers, investors can expect a 7%–8% cap rate, with potential upside through modest rent increases or utility restructuring. Located close to schools, shopping, and year-round recreation, this property benefits from Kingsland’s steady population growth and demand for affordable housing. A rare turnkey, stabilized MH park offering solid income and long-term stability in Central Texas.

  • Neighborhood
  • Type
  • County
    Llano
  • Status
    Active
  • Listing #
    175796
  • Built
    2024
  • Lot Size
    1.95
  • Listed on site
    1 day

Listed by:
Lake Life Team-eXp Realty

Source:
TXHLMLS

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Property details

Community Features

  • No HOA

Property Features

  • Sewer
  • Has Virtual Tour

Exterior features

  • No Pool

Interior Features

  • Central Air Conditioning
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