Listed by Katie Johnson of Lake Life Team-eXp Realty
Excellent investment opportunity offering 14 single-wide 3BR/2BA homes (~1,000 sq ft each) on individual 0.10-acre lots and 2 efficiency cabins. This well-maintained park is 90% 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.

    Property Details of 1-16 Odessa

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    Based on information submitted to TX_HLAR_GRID as of May 30, 2026 1:41 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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