900 Odessa, Kingsland, Texas

$2,125,000
Active
900 Odessa, Kingsland, Texas
900 Odessa, Kingsland, Texas
900 Odessa, Kingsland, Texas
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Property Details

MLS ID: 9411086
Status: Active
Price: $2,125,000
Acres: 1.97±
Type: Mobile Home, Business, Commercial
Address: 900 Odessa
City, State: Kingsland, TX
County: Llano County
ZIP Code: 78639
Parcel Number: 41231
Year Built: 2020

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.

Directions: FM 1431 to Dilley St - Keep Left on Aster - Right on Dallas - Left on Corona - Right on Odessa

Davin Topel

Davin Topel

Capitol Ranch Real Estate, LLC

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Davin Topel
Capitol Ranch Real Estate, LLC
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© 2025 Austin Board of REALTORS® Based on information submitted to the MLS GRID as of November 28, 2025 at 12:00:00 PM UTC. 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.

Listed By: Katie Simon of Exp Realty, Llc - (512) 588-0094