417 E Houston Street, Out Of Area, TX 78119

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.