Property Description
Seller highly motivated, bring any and all reasonable offers. Instant cash flow opportunity located at 412 E. Houston Street in Kenedy, TX, this stabilized 7-unit manufactured housing community is 100% leased to Select Energy at $1,750 per month per unit (each valued ~$40k), generating a total of $12,250 per month in rental income from a single corporate tenant. Built in 2014 and maintained in excellent overall condition, the community offers the reliability of a corporate-backed, fully occupied income stream with minimal management complexity. The site spans approximately 1.6 acres and is zoned MH-1 (Manufactured Housing), with well-kept grounds and paved interior access. A corporate tenant like Select Energy brings the kind of payment consistency that individual tenant parks typically cannot match, making this an especially attractive acquisition for investors seeking low-risk, stabilized cash flow in the South Texas energy market. This community represents a turnkey opportunity with a strong existing income profile with a tenant that has been on site for over 5 years.
Essential Information
- MLS Number
- 1120237
- Status
- Active
- Days on Market
- 112
- Annual Taxes
- $2,621
- Courtesy of
- All Hands Real Estate (512) 327-1994
Interior & Systems
- Heating
- See Remarks
- Cooling
- Other
- Flooring
- See Remarks
Community & Amenities
- Subdivision
- Thulemeyer & Kauffman Add
- City
- Kenedy
- County
- Karnes
- Waterfront
- No
Exterior & Lot
- Parking Features
- See Remarks
- Other Structures
- See Remarks
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Estimated Mortgage
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Estimated principal & interest
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