802 Old Wise Road #23 Active Save Request In-Person Tour Request Virtual Tour
Bowie,TX 76230
$ 1200
1 Bed
2 Baths
600 SqFt
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Rent
Square Footage 600 sqft
Subdivision Allsup'S State Highway 59
MLS Listing ID 21013329
Style Loft
Bedrooms 1
Full Baths 1
Half Baths 1
Year Built 2025
Lot Size 1.030 Acres
Property Sub-Type Townhouse
Property Description
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.
Location
State TX
County Montague
Rooms
Dining Room 1
Interior
Heating Electric
Cooling Electric
Flooring Tile
Exterior
Utilities Available City Sewer,City Water
Roof Type Metal
Building
Story Two
Foundation Slab
Structure Type Metal Siding
Schools
Elementary Schools Bowie
High Schools Bowie
School District Bowie Isd
Others
Pets Allowed No Pets Allowed
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21013329