802 OLD WISE ROAD, BOWIE, TX 76230

Homes for sale in Bowie.

Homes for sale in 76230.


802 Old Wise Road

Bowie, TX 76230

Active

List Price$1,200,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21055518

600

Square Feet

18

Number of Units

Commercial

Type

About This Property

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.

Property Features

Location Information

County

Montague

Subdivision

Allsups State Hwy 59

Interior Features

Has Fireplace

No

Floors

Ceramic Tile

Heating

Central, Other

Tenant Pays

All Utilities, Trash Collection

Cooling

Central Air, Wall Unit(s)

Total Number of Units

18

Exterior Features

Is New Construction

Yes

Lot Size in Acres

1.03

Construction

Frame, Metal Siding, Other, Concrete

Lot Size in Sq. Ft.

44,866

Foundation

Slab

Possible Best Use

Other

Roof

Metal

Zoning

Residential Commercial.

Utilities

Cable Available, Sewer Available, Water Available

Building Total Area (Sq. Ft.)

600

Parking Description

Assigned, Concrete

Is One Story

No

Additional Information

Year Built Details

New Construction - Complete

Status

Active

Property Type

COM

Tax Annual Amount

1107.0

Property SubType

Business

Lot Acres Source

Public Records

Year Built

2025

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Mortgage Calculator

$5,604

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$4,324

Monthly Tax

$1,000

Monthly Insurance

$280

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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