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$874,000
Est. payment /mo
16 Beds
12 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family (2-8 Units)
Listing Status Active
Purchase Type For Sale
Subdivision Out/Comfort
MLS Listing ID 1943257
Style Two Story
Bedrooms 16
Full Baths 8
Half Baths 8
Annual Tax Amount $6,471
Property Sub-Type Multi-Family (2-8 Units)
Property Description
8-Unit Multifamily Investment Opportunity in Comfort, TX - Now Offered at $874,000 Price Improvement + New Roof Being Installed. Well-located 8-unit property offering steady in-place income with strong upside potential. Units average approximately $950/month with documented operating history and an estimated NOI of ~$55,500. The recent pricing adjustment aligns with current investor underwriting, while the new roof significantly reduces near-term capital expenditures and enhances long-term investment stability. Situated within the town of Comfort, the property benefits from consistent rental demand, convenient access, and long-term growth in the Hill Country region. The offering includes an adjacent parcel providing additional site control, flexibility, and future potential. Ideal for private investors, 1031 exchange buyers, or owner-operators seeking a well-positioned multifamily asset. Financial information available upon execution of NDA and qualification.
Location
State TX
County Kendall
Area 2505
Interior
Heating Central
Cooling Unit Central
Flooring Laminate
Exterior
Exterior Feature Brick
Garage Spaces 16.0
Roof Type Composition
Building
Foundation Slab
Schools
Elementary Schools Comfort
Middle Schools Comfort
High Schools Comfort
School District Comfort
Others
Acceptable Financing Conventional, Cash, Investors OK
Listing Terms Conventional, Cash, Investors OK
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Listed by Ernesto Villarreal • Phyllis Browning Company • (210) 912-6290
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