About This Home

This 0-bedroom, 0-bathroom commercial at 417 E Houston Street in Out of Area, TX is listed for $849,500. Built in 2014, on a 1.60 acres lot.

Key Features

  • Built in 2014
  • 1.60 acre lot

Property Details

2014
Listing 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.

Monthly Cost Estimate

$4,543/mo

20% down · 6.5% · 30 years

Principal$614
Interest$3,681
Insurance$248

Estimates only. Actual payments may vary.

Location

417 E Houston Street

Out of Area, TX 78119

Property Details

Heating

Central

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 417 E Houston Street is listed at $849,500. The estimated monthly payment is $4,544 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2014, 1.60 acre lot.

This property is listed by Chris Kappmeyer.

CK

Chris Kappmeyer

Agent at Rivet Real Estate

Listed by Rivet Real Estate · Broker phone: 5129311267 · View on Broker Site

MLS# 179049· Source: Highland Lakes Association of Realtors MLS· 108 days on PropertySimple

Copyright © 2026 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

417 E Houston Street, Out of Area, TX 78119

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