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$2,125,000
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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.
Full Property Details
Full Property Details for 900 Odessa St
General
- Price: $2,125,000
- Taxes: $259 (2025)
- Status: Active
- Type: Commercial
- Source: Austin_MLS
- MLS ID: 9411086
- Updated: 11/25/2025
- Added to Site: 57 day(s) ago
Rental Information
- Lease Info: See Remarks
Interior
- Flooring: Vinyl
Additional Information
- Security/Safety: None
- Equipment: None
Parking
- Total Spaces: 14
- Parking Features: Driveway
Location
- Area: LL
- County: Llano
- Subdivision: Royal Oaks Estates 6
- Driving Directions: FM 1431 to Dilley St - Keep Left on Aster - Right on Dallas - Left on Corona - Right on Odessa
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Municipal Utility District
- Water: Public, Municipal Utility District
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- # Buildings: 14
- Detached/Attached: Detached
- Construction: See Remarks
- Square Feet: 1,000
- Sq. Ft. Source: Owner
- Current Bldg. Use: Manufactured Home, Multi-Family, Residential, Single Family
- Year Built: 2020
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 1.9659
- Lot Size (Sq. Ft.): 85,634.6
Financial Considerations
- Operating Expenses: $.35
- Assessment Amount: $21,420
- Tax Amount: $259.63
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial
- Legal Description: ROYAL OAKS ESTATES UNIT 6 LTS 239 THRU 255 LAND ACCT
- Disclosures/Reports: Seller Disclosure
- Property ID: 41231
- Lot Number: 239
Listed by eXp Realty, LLC
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Schools
Schools serving 900 Odessa St
School District:Llano Independent School District
| Name | Grades | Distance |
|---|---|---|
Llano High School 2509 Texas 16, Llano, TX 78643 | 9-12 | 13.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 900 Odessa St
Date
Details
Price
Change
Source
11/25/2025
Listed
$2,125,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 900 Odessa St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$191
-65%
$45,540
—
2024
$548
—
$45,540
5%
2023
$546
-11%
$43,370
20%
2022
$613
100%
$36,140
10%
2020
—
$32,860
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 900 Odessa St
900 Odessa Street, Kingsland, TX 78639 (MLS# 9411086) is a Commercial property. 900 Odessa Street is currently listed for $2,125,000 and was received on November 25, 2025. Want to learn more about 900 Odessa Street? Do you have questions about finding other Commercial real estate for sale in Kingsland? You can browse all Kingsland real estate or contact a Coldwell Banker agent to request more information.

