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Justin Cofield

justin@justincofield.com +1(512) 971-0157

$ 849,500

Est. payment -/mo

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Price Dropped by $49K

417 Houston ST E Kenedy, TX 78119

7 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mobile Home Park

Listing Status Active

Purchase Type For Sale

Square Footage 7 sqft

Price per Sqft $121,357

Subdivision Thulemeyer & Kauffman Add

MLS Listing ID 1120237

Year Built 2014

Annual Tax Amount $2,620

Tax Year 2025

Lot Size 1.598 Acres

Acres 1.598

Property Sub-Type Mobile Home Park

Source actris

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.

Location

State TX

County Karnes

Interior

Heating See Remarks

Cooling See Remarks

Flooring See Remarks

Fireplace No

Exterior

Utilities Available Electricity Connected

Building

Sewer Public Sewer

Water Public

Structure Type See Remarks

New Construction No

Others

Special Listing Condition Standard

Virtual Tour https://homediary.com/pro/texas-mobile-home-sites/

Listed by All Hands Real Estate

NEARBY SCHOOL & BUSINESS

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Justin Cofield

Agent License ID: 701768

+1(512) 971-0157

justin@justincofield.com

ownalittlepieceoftexas.com

13003 South Madrone Trail, Austin, Texas 78737, United States