7 Us Highway 87, Comfort, TX 78013
Local realty services provided by:ERA Experts
7 Us Highway 87,Comfort, TX 78013
$500,000
- - Beds
- - Baths
- 4,664 sq. ft.
- Multi-family
- Active
Listed by: ernesto villarreal
Office: phyllis browning company
MLS#:1999997
Source:LERA
Price summary
- Price:$500,000
- Price per sq. ft.:$107.2
About this home
**Investor Opportunity!** Fully occupied 8-unit multifamily property plus one income-producing RV space in Comfort, Texas. This turnkey investment provides immediate cash flow with approximately $93,900 in annual gross rental income. Long-term tenants, fully occupied, and month-to-month leases offer an established income stream along with flexibility for future management. Several units are currently leased below market according to the seller, creating a value-add opportunity through future rent adjustments as market conditions and applicable laws allow. Individual utility meters are already installed, providing the potential to transition from owner-paid utilities to tenant-paid utilities, subject to lease terms and applicable regulations. Situated on approximately 2.12 acres with 4,664 square feet of improvements, the property also offers potential for future development or expansion, subject to buyer verification of zoning and other applicable requirements. According to the seller, the property has not experienced flooding during their ownership. The property is located within a FEMA-designated floodway, and buyers should independently verify floodplain requirements, insurance availability, financing, and all property information during their due diligence....
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Home facts
- Subdivision & Development:OUT/COMFORT
- Listing ID #:1999997
- Added:54 day(s) ago
- Updated:September 06, 2026 at 01:49 PM
Rooms and interior
- Flooring:Laminate, Vinyl
- Living area:4,664 sq. ft.
Heating and cooling
- Cooling:Multi-Unit Central
- Heating:Electric
Structure and exterior
- Roof:Metal
- Building area:4,664 sq. ft.
- Lot area:2.12 Acres
- Construction Materials:Wood
- Foundation Description:Slab
Schools
- High school:Comfort
- Middle school:Comfort
- Elementary school:Comfort
Finances and disclosures
- Price:$500,000
- Price per sq. ft.:$107.2
- Tax amount:$8,519
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