802 OLD WISE ROAD, BOWIE, TX 76230
Homes for sale in Bowie.
Homes for sale in 76230.
802 Old Wise Road
Bowie, TX 76230
List Price$1,200,000
Listing #21055518
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
Similar Listings
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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