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Dainelle Scott

Team Owner | Rise Property Group | Keller Williams Boerne | PLACE

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7 Us Highway 87 , Comfort, TX 78013
$500,000
Est. Payment: $1,111.11/mo
8 Bed
8 Bath
4664 Sqft
Status: Pending | Days on site: 61
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BROW00 - 41166,514296
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House 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.

Highlights

Listed by Ernesto Villarreal , (210) 912-6290 Phyllis Browning Company , (210) 912-6290.

Property Type

Multi-Family

Lot/Acreage
2.12

County

Kendall

Area

2504

Neighborhood

Out/Comfort

School District

Comfort

Listing ID

1999997

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:8
  • Full Bathrooms:8
Air Cond:Multi-Unit Central
Fireplaces:
Floor:Vinyl,Laminate
Water:KCWCID#1

Exterior Features

Zoning:NONE
Roof:Metal
Others:
  • Additional:Not Applicable/None
Principal Interest
$1,111
Taxes
$710

Home Price

$500,000

Loan Details

30 yrs
%

Down Payment

20%
$100,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,111.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,111.11 $709.90 $0.00 $1,821.01
Yearly $13,333.33 $8,518.76 $0.00 $21,852.09
Total $400,000.00 $255,562.80 $0.00 $655,562.80

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Comfort, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.