7 Us Highway 87, Comfort, TX 78013
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7 Us Highway 87, Comfort, TX 78013
7 Us Highway 87, Comfort, TX 78013
7 Us Highway 87, Comfort, TX 78013
7 Us Highway 87, Comfort, TX 78013
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Joseph Pequeno

Joseph Pequeno

+1(210) 315-4826
$ 500,000
Est. payment /mo
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7 Us Highway 87 Comfort, TX 78013

8 Beds

8 Baths

4,664 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Active

Purchase Type For Sale

Square Footage 4,664 sqft

Price per Sqft $107

Subdivision Out/Comfort

MLS Listing ID 1999997

Style One Story

Bedrooms 8

Full Baths 8

Annual Tax Amount $8,518

Lot Size 2.121 Acres

Property Sub-Type Multi-Family (2-8 Units)

Property Description

**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.

Location

State TX

County Kendall

Area 2504

Zoning NONE

Interior

Heating Central

Cooling Multi-Unit Central

Flooring Vinyl, Laminate

Exterior

Exterior Feature Wood, Other

Garage Spaces 16.0

Roof Type Metal

Building

Foundation Slab, Basement

Schools

Elementary Schools Comfort

Middle Schools Comfort

High Schools Comfort

School District Comfort

Others

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

LERA MLS - Local Expertise Regional Access / SABOR
Listed by Ernesto Villarreal • Phyllis Browning Company • (210) 912-6290
Joseph Pequeno

Joseph Pequeno

Real Estate Traditional and Investment Consultant | License ID: 682825

+1(210) 315-4826

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7 Us Highway 87