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Excellent investment opportunity featuring 14 single-wide 3BR/2BA homes (approximately 1,000 sq ft each) on individual 0.10-acre lots. This well-maintained park is 100% occupied and benefits from strong, consistent rental demand in the growing Lake LBJ corridor. Each unit rents for $1,400 per month, providing reliable cash flow, with tenants either responsible for utilities or units operating under gross rents. Operating expenses average roughly 35% of gross income, in line with typical small-park performance. Based on current financials, investors can expect a 7%–8% cap rate, with room for upside through modest rent increases or utility restructuring. Conveniently located near schools, shopping, and year-round recreation, the property is well-positioned to capitalize on Kingsland’s steady population growth and demand for affordable housing. A rare turnkey, stabilized MH park offering dependable income and long-term stability in Central Texas.
Property Type
Commercial Sale
Year Built
2020
Lot Size
1.97 acres
Garage
14 spaces
Listed by eXp Realty, LLC
Verified property facts
900 Odessa St Unit #1-16 is listed at $2,125,000 with 0 bedrooms, 1.97-acre lot. This places it above the 78639 median of $1,618,350.
900 Odessa St Unit #1-16 is a Commercial Sale built in 2020 featuring 0 bedrooms, 1.97-acre lot.
900 Odessa St Unit #1-16 is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 900 Odessa St Unit #1-16 is $260. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($425,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 900 Odessa St Unit #1-16 is around $11,048 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Royal Oaks Estates 6
Property Details
Flooring
Construction
Parking
Listing timeline with current price, original ask, and market time.

20% ($425K)
$2,125,000
Luxury property intelligence
A sourced read on Royal Oaks Estates 6 pricing, timing, and property scale. No automated valuation claim.
List price
$2,125,000
Price per sqft
Not available
Vs. Royal Oaks Estates 6 median
Not available
Days on market
188 days
Original to current
No verified reduction
$2.1M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 1, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
At $2,125,000, 900 Odessa St Unit #1-16 is in the Royal Oaks Estates 6 market where there are currently 89 active listings in 78639.
900 Odessa St Unit #1-16 was built in 2020, making it 6 years old with relatively recent construction.
900 Odessa St Unit #1-16 sits on a 1.97-acre lot, providing substantial outdoor living space. Properties of this scale in Austin's luxury market typically feature pool areas, outdoor kitchens, and mature landscaping. Confirm specific amenities with the listing agent.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
Active listings near 900 Odessa St Unit #1-16
Recent sales for market context