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$2,125,000 - 900 Odessa Street 1-16, Kingsland

-
Bedrooms
-
Baths
N/A
SQ. Feet
1.97
Acres

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.

Essential Information

  • MLS® #:
    9411086
  • Price:
    $2,125,000
  • Bathrooms:
    0.00
  • Acres:
    1.97
  • Year Built:
    2020
  • Type:
    Commercial Sale
  • Sub-Type:
    Mobile Home
  • Status:
    Active

Community Information

  • Address:
    900 Odessa Street 1-16
  • Subdivision:
    Royal Oaks Estates 6
  • City:
    Kingsland
  • County:
    Llano
  • State:
    TX
  • Zip Code:
    78639

Amenities

  • Utilities:
    Electricity Connected, Sewer Connected, Water Connected
  • Parking:
    Driveway

Interior

  • Interior:
    Vinyl
  • Heating:
    Central

Exterior

  • Construction:
    See Remarks

Property Listed by: Exp Realty, Llc

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from April 11th, 2026 at 2:15am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.