8-Unit Multifamily in Bowie, TX
Montague County, TX · listed Jun 22, 2026 (128 days)
- $/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
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
▼ 8% cutStabilized | $1.2M | $120K$120K | 6.6% |
Paradise, TX | $1.8M | $225K$225K | 10%gy |
Paradise, TXNewStabilized | $2M | $400K$400K | — |
Decatur, TX | $5M | $313K$313K | 5.7% |
Decatur, TX | $5M | $294K$294K | — |
Paradise, TXStabilized | $3M | $188K$188K | 5.7% |




