802 Old Wise RD, Bowie, TX 76230
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802 Old Wise RD, Bowie, TX 76230
802 Old Wise RD, Bowie, TX 76230
802 Old Wise RD, Bowie, TX 76230
802 Old Wise RD, Bowie, TX 76230
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Stephanie Lincoln

Stephanie Lincoln

+1(682) 516-9955
$ 1,200,000
Est. payment /mo
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Active

802 Old Wise RD Bowie, TX 76230

600 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 600 sqft

Price per Sqft $2,000

Subdivision Allsups State Hwy 59

MLS Listing ID 21055518

HOA Y/N No

Year Built 2025

Annual Tax Amount $1,107

Lot Size 1.030 Acres

Acres 1.03

Property Sub-Type Business

Property Description

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. With projected rents of $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.

Location

State TX

County Montague

Zoning Residential Commercial.

Direction 81 N, Make left on Old Wise Road. Lofts are on the left.

Interior

Heating Central, Other

Cooling Central Air, Wall Unit(s)

Flooring Ceramic Tile

Inclusions Business, Land & Improvements, Other

Fireplace No

Exterior

Parking Features Assigned, Concrete

Utilities Available Cable Available, Sewer Available, Water Available

Water Access Desc Public

Roof Type Metal

Building

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Others

Tax ID R000013666

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21055518

Nearby Locations

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Stephanie Lincoln
Stephanie Lincoln

Agent | License ID: 0819569

+1(682) 516-9955 | stephanielincoln@kw.com

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802 Old Wise RD