MULTIFAMILYRADAR
8-Unit Multifamily in Bowie, TX, photo 1
Value-add
$475,000

8-Unit Multifamily in Bowie, TX

Montague County, TX · listed Jun 22, 2026 (128 days)

Price per unit compared
This property$59K
Within ~40 mi (12)$154K
Texas median (1,196)$92K
$/unit
$59,375
▼ 36% vs TX · 22nd pct
Cap rate
—
 
Gross yield
—
 
Units
8
2 bldg · 1978

Financials

Asking price
$475,000
Price per unit
$59,375
Price per sq ft
$105
Gross rent / year
Not stated
Net operating income
Not stated
NOI per unit
Not stated
Cap rate
Not stated
Gross yield
Not stated
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
8
Unit mix
four 1-bed, 1-bath units
Buildings
2
Year built
1978
Building size
4,519 sq ft
Avg unit size
565 sq ft
Lot size
0.57 acres
Condition
Value-add

Deal terms

Owner financing
Not stated

Listing

Listed
Jun 22, 2026
Days on market
128 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1033

About this property

Investors, check out this value-add 8-plex at (address on request)! Featuring two separate single-story quadplex buildings on over a half an acre, this property offers incredible upside. Each building is 2,200 sq ft, offering four 1-bed, 1-bath units (approx. 550 sq ft each) with functional living spaces, individual kitchens, utility hookups and gas appliances. Low landlord overhead with individual gas & electric meters and separate utilities already in place with master water, trash & sewer. Large amount of space at the back provides immediate room to build or expand. Schedule your walkthrough today.

8-Unit Multifamily with Expansion Potential

Highlights

Excellent addition to any portfolio or perfect for a light value-add project. Located at (address on request), this multifamily property consists of two identical single-story quadplex buildings situated on a spacious ~0.48-acre lot—complete with an additional land in the back primed for future development or added amenities.

Location

Approximate area. The exact address is shared on request.

Similar buildings nearby

PropertyPrice$/unitCap
10-Unit Multifamily in Bowie, TXBowie, TX
▼ 8% cutStabilized
$1.2M$120K6.6%
8-Unit Multifamily in Paradise, TXParadise, TX$1.8M$225K10%gy
5-Unit Multifamily in Paradise, TXParadise, TX
NewStabilized
$2M$400K—
16-Unit Multifamily in Decatur, TXDecatur, TX$5M$313K5.7%
17-Unit Multifamily in Decatur, TXDecatur, TX$5M$294K—
16-Unit Multifamily in Paradise, TXParadise, TX
Stabilized
$3M$188K5.7%