802 Old Wise Road, Bowie, Texas, 76230

Listed by Realty Of America, LLC, Cameron Butler, 817-691-4198
$1,050,000
600 Sqft
1.03 Acres
#21407780
This is your chance to capitalize on a brand-new multifamily development in the heart of Bowie! Three of these upscale 1-bedroom, 1.5-bath lofts are already leased, with 14 additional units approved and ready to be built. Each 600 sq. ft. loft is designed with an open-concept layout, high-end finishes, stainless steel appliances, and modern styling that appeals to working professionals and lifestyle renters. Rents at $1,200 per month per unit, this property has a potential annual gross income of $259,200. All units are built to city code, and all concrete work has already been completed, saving time and capital on development. Located near local shops, dining, and community events, this property offers excellent tenant appeal and long-term appreciation potential. Whether you’re seeking cash flow or a strong addition to your portfolio, this turnkey project offers both.

PROPERTY FEATURES

  • 18 Unit(s)
  • Business Type: Real Estate
  • Utilities : Cable Available,City Sewer,City Water
  • Parking Features: Assigned,Concrete
  • Lot Features : Metal
  • Cooling: Central Air,Wall Unit(s)
  • Heating : Central,Other
  • Construction Materials: Concrete,Frame,Metal Siding,Other
  • Foundation Details: Slab
  • Flooring : Ceramic Tile
  • Ceiling Height : 11 to 14 Feet
  • Green Verification Count : 0
  • Zoning Description : Residential Commercial.
PROPERTY DETAILS
ID: 21407780
Status: Active
Price: $1,050,000
Acres: 1.03 Acres
Price Per Acre: $1,019,417
Type: Commercial
Address: 802 Old Wise Road
City, State: Bowie, Texas
County: Montague
Zip Code: 76230
Lat/Long: 33.56246, -97.857995
Presented By: Cameron Butler
Phone: 817-691-4198
Email: Click to Contact