417 Houston St, Kenedy, TX 78119
- $899,000
- List Price
- $899,000
- Status
- ACTIVE
- MLS#
- 1120237
- Days on Market
- 12
- Lot Size
- 69,608
Property Description
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.
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Additional Information
- Taxes
- $2,620
- Tax Year
- 2025
- Year Built
- 2014
- Construction
- See Remarks
- Sewer
- Public Sewer
- Street Name
- Houston St
- Street Number
- 417
- Neighborhood
- Thulemeyer & Kauffman Add
- Water
- Public
- Acres
- 1.60
- County
- Karnes
- Floor
- See Remarks
- Heating
- See Remarks
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Listing courtesy of All Hands Real Estate. Contact: (512) 327-1994
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