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Triplex With Garage Apartment Units
For Sale
$219,900

408 Live Oak St, Marlin, TX 76661

MULTI_FAMILY - Marlin, TX

Property SizeContact for details
Lot Size0.46 Acres
Days on Market31

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
Subdivision Oakes
Elementary school Marlin
Middle school Marlin
High school Marlin
Elementary school district Marlin ISD
Middle school district Marlin ISD
High school district Marlin ISD
Directions From Hwy 6, Exit toward Live Oak St. Continue on Live Oak for about 1/2 mile. 408 Live Oak on right.
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
Legal Description S3750 OAKES BLK 1 LOT 5A-6/12B .689 ACRES

Utilities

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

Building Details

Floors in Building 1
Number of units 3
Flooring type Carpet, Tile
Building materials AluminumSiding, MetalSiding
Roof type Metal
Listing Agency: Agents Of Texas, LLC
Listed By: Mercedes Lane · License #746855
Added: Jul 13 Changed: Aug 5 Last Checked: Aug 12 at 7:06PM
MLS# 21295394

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.

Investment Insights

Based on property information with market context.

This triplex includes three garage apartment units, each approximately 420 SF, and they are currently leased and generating rental income. The interior features an open floorplan, and the property is serviced by public water and public sewer.

Located at 408 Live Oak St in Marlin, TX, the property sits on a commercial-style residential income lot with paved or surfaced parking and garage parking available. The building materials include aluminum siding and metal siding, supported by a metal roof. Heating is provided by central electric heating, with cooling that includes central air plus window unit(s).

The existing configuration supports income generation today, and the site provides space described as suitable for adding units or additional development, including additional rental units or a commercial building.

Key Highlights

  • Three leased garage apartment units, each approximately 420 SF
  • Rental income currently generated by the existing units
  • Public water and public sewer

Property Analytics

Current Use

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

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Storage Facility Plumbing Service Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

84
Businesses Nearby

Demographics for 76661, TX

7,982
Population
3,159
Households
2.5
Avg Household Size
39
Median Age
9%
College-Educated
78%
High-School Grad
165.6 sq mi
ZIP Area
48
Density / Sq Mi
$40,379
Median Household Income
$32,736
Median Earnings
$716
Median Rent
$52,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three leased garage apartment units generate rental income, with public water and public sewer servicing the property.
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 $219,900.
What are key features of this property?
This property features: Three leased garage apartment units, each approximately 420 SF; Rental income currently generated by the existing units; Public water and public sewer
More about this property
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