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    Garage Apartment Income Property Title is generated by Realmo AI

    408 Live Oak St, Marlin, TX 76661

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    Claim this Listing
    New
    For Sale
    $175,000

    MULTI_FAMILY - Marlin, TX

    Property size:
    420 SF
    Lot size:
    0.46 Acres
    Price / SF:
    $416/SF
    Added:
    Jun 25, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 27 at 1:06 pm

    Property Features for 408 Live Oak St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    5
    Parking features
    Garage, Open, Paved or Surfaced
    Interior features
    OpenFloorplan
    Standard status
    Active
    APN
    35406
    Lot size
    0.46 Acres

    Taxes and HOA fees

    Tax Description
    S3750 OAKES BLK 1 LOT 5A-6/12B .689 ACRES
    Tax Annual Amount
    4682

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Window Unit(s), Central Air, Electric
    Water source
    Public

    Building Details

    Floors in Building
    1
    Number of units
    3
    Flooring type
    Carpet, Tile
    Building materials
    AluminumSiding, MetalSiding
    Roof type
    Metal

    We can help!

    Contact an agent
    Mercedes Lane

    Listing agent Mercedes Lane License #746855

    Listing office Agents Of Texas, LLC Waco, TX

    Listing date Jun 25, 2026

    MLS# 21295394 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Income‑producing commercial property with three leased garage apartment units (approx. 420 SF each)
    • 0.43‑acre tract with space to add two additional units and allow for future development
    • Public utilities: public water and public sewer
    • Metal roof with aluminum and metal siding exterior
    • Open floorplan interiors with carpet and tile flooring
    • Central/electric heating and multiple cooling options including window units and central air

    Overview

    This income-producing property features three garage apartment units on one tract. The units are currently leased and designed as compact residential spaces, each approximately 420 square feet. The property’s configuration supports an income-focused ownership structure centered on multiple rental units within the same community setting.

    The property is located at 408 Live Oak St in Marlin, Texas, on a lot of approximately 0.43 acres. The single-tract layout provides a straightforward footprint for ongoing property management, and the surrounding space may offer options for additional improvements beyond the existing three units.

    For buyers seeking a small multifamily portfolio, the current leased status provides immediate rental occupancy. The presence of additional space on the lot may also be relevant for owners exploring ways to add more rental units or to reconfigure the site for other compatible development concepts, subject to applicable approvals. The property is also described as potentially purchasable as part of a larger investment package, including other nearby income-producing assets.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Chill Spot Shaved ... Take-out & Catering

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marlin
    County
    Falls
    State
    Texas
    Longitude
    -96.891816
    Latitude
    31.305791

    FAQs

    What type of property is this?
    Triplex - Three leased garage apartments on a single lot, offering rental income and room to consider future expansion.
    Where is this triplex located?
    The property is located at 408 Live Oak St Marlin, TX.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: Income‑producing commercial property with three leased garage apartment units (approx. 420 SF each); 0.43‑acre tract with space to add two additional units and allow for future development; Public utilities: public water and public sewer
    More about this property
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