About 900 Odessa ST, Kingsland, Texas, 78639
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.
Utilities : Electricity Connected
Water Source : Public
Sewer Source : MUD
Parking Features: Driveway
Parking Total: 14
Cooling: Central Air
Heating : Central
Construction Materials: See Remarks
Flooring : Vinyl
Utilities : Electricity Connected
Water Source : Public
Sewer Source : MUD
Parking Features: Driveway
Parking Total: 14
Cooling: Central Air
Heating : Central
Construction Materials: See Remarks
Flooring : Vinyl

Street Address: 900 Odessa ST
City: Kingsland
State: Texas
Postal Code: 78639
County: Llano
Directions: FM 1431 to Dilley St - Keep Left on Aster - Right on Dallas - Left on Corona - Right on Odessa

Property Information :
Listing Status: Active
Lot Size: 1.97 Acres
MLS #: 9411086
Bedrooms: 0 bd
Bathrooms: 0 ba
Price: $2,125,000
Construction Status: Built in 2020
Last Modified : Dec 16 2025 1:41AM

Courtesy of: Katie Simon, eXp Realty, LLC (MLS# ACT702963)
Source MLS: UnlockMLS