INVESTMENT OFFERING MEMORANDUM
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138 GREY MOSS COURT
INGRAM, TEXAS 78025
Income-Producing Rental Property
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EXECUTIVE SUMMARY
We are pleased to present an exceptional investment opportunity featuring a fully occupied property in the desirable Westwood Oaks subdivision of Ingram, Texas. This turnkey investment offers immediate cash flow with strong fundamentals and a proven rental history. Seller financing may be available for qualified buyers.
Key Investment Metrics
Annual Gross Income	$33,225
	
Current Occupancy	100%
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PROPERTY OVERVIEW
Property Specifications
•	2,062± total square feet
•	0.38 acre lot with mature landscaping
•	Two separate home units: one 1,368 SF 3/2 mobile home and one 1/1 694 SF cottage
•	Renovated in 2022
•	Ingram Independent School District
Location Advantages
•	Westwood Oaks subdivision
•	Texas Hill Country setting
•	Strong rental market fundamentals
•	Proximity to Kerrville and San Antonio
•	Quality school district
Property Features
•	Wood-look cabinetry throughout
•	Vinyl flooring and premium countertops
•	Modern appliances in both units
•	Fenced between units for privacy
•	Low-maintenance construction
Investment Highlights
•	Established tenant base
•	Recent renovations completed
•	Strong cap rate performance
•	Minimal capital expenditure needs
•	Stable cash flow history
•	Seller financing may be available to qualified candidates
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CURRENT RENT ROLL
Active Tenants - October 2024
Unit A 
•	Monthly Rent: $1,550
•	Unit Size: 3BR/2BA, 1,368 SF
•	Lease Start: October 1, 2024
•	Term: 12 months
•	Security Deposit: $1,650
Unit B 
•	Monthly Rent: $1,200
•	Unit Size: 1BR/1BA, 694 SF
•	Lease Start: June 1, 2025
•	Term: 12 months
•	Security Deposit: $1,350
Total Monthly Rental Income: $2,750
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FINANCIAL ANALYSIS
2025 Pro Forma Operating Statement
Revenue & Expenses	Annual Amount	Monthly Amount
GROSS RENTAL REVENUE	$33,225	$2,769
Unit A ($1,550 × 12 months)	$18,675	$1,556
Unit B ($1,200 × 12 months)	$14,550	$1,213
		
		
ONE-TIME EXPENSES (2024)	($2,571)	($214)
Insurance	($1,076)	($90)
Real Estate Taxes	($1,495)	($125)
		
Key Investment Metrics Summary
Cash Flow Analysis:
•	Strong monthly cash flow
•	Immediate income generation upon acquisition
•	Stable tenant base with established leases
Investment Advantages:
•	Turnkey Property - Recently renovated and fully occupied
•	Low Maintenance - Minimal ongoing capital expenditure needs
•	Stable Cash Flow - Proven rental history with quality tenants
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MARKET ANALYSIS
Ingram, Texas Investment Climate
Located in the heart of the Texas Hill Country, Ingram offers investors a unique combination of scenic beauty and rental market stability.
Demographics & Economic Drivers
Community Characteristics:
•	Growing population seeking rental housing
•	Family-oriented community atmosphere
•	Strong local employment base
•	Quality school district attracts long-term tenants
Economic Fundamentals:
•	Tourism and hospitality sector growth
•	Proximity to Kerrville medical facilities
•	Expanding retirement community
•	Hill Country recreation economy
•	Stable rental demand patterns
Location Benefits:
•	Westwood Oaks is an established, desirable subdivision
•	Close proximity to major Texas markets (San Antonio)
•	Hill Country location provides natural beauty and recreation
•	Strong community amenities and infrastructure