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    802 Old Wise Rd Bowie, TX 76230

    For Sale
    $1,200,000

    Business - Bowie, TX

    Type:Business
    Property size:
    600 SF
    Lot size:
    1.03 Acres
    Days on Market:
    49
    Last Refresh:
    Dec 8 at 10:06 am

    Property Features for 802 Old Wise Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Property condition
    New Construction
    Standard status
    Active
    APN
    R000013666
    Parking features
    Assigned
    Size
    600 SF
    Lot size
    1.03 Acres

    Utilities

    Heating system
    Central, Other (Heating)
    Cooling system
    Central Air, Multi Units, Wall Unit(s)

    Building Details

    Year built
    2025
    Flooring type
    Tile, Tile - Ceramic
    Building materials
    Concrete, Frame, Metal Siding
    Roof type
    Metal
    Architectural style
    Other

    Realty Of America, LLC (281) 861-6199

    Listing agent Cameron Butler (512) 788-9495 License #0572740

    Listing date Oct 21, 2025

    MLS# 21055518 Listing URL

    Copyright © 2025 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.

    Overview

    New Multifamily Development Opportunity

    This property presents an opportunity to capitalize on a new multifamily development located in Bowie, Texas. Currently, three upscale 1-bedroom, 1.5-bath lofts are already leased. The property has approval for 14 additional units to be built. Each loft features an open-concept layout, high-end finishes, stainless steel appliances, and modern styling. Each unit provides 600 square feet of living space. The property is situated near local shops, dining options, and community events. The property is located on a 1.03-acre lot. All units are built to city code, and all concrete work has already been completed. The property has a potential annual gross income of $259,200, with projected rents of $1,200 per month per unit. This turnkey project offers both cash flow and portfolio growth potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bowie
    County
    Montague
    State
    Texas
    Longitude
    -97.856974
    Latitude
    33.562237

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    FAQs

    What type of property is this?
    Apartment building - New multifamily development with leased units and expansion potential.
    Where is this apartment building located?
    The property is located at 802 Old Wise Rd Bowie, TX.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - New multifamily development opportunity in Bowie with 3 upscale 1-bedroom lofts already leased.; - 14 additional units approved and ready to be built.; - Projected annual gross income of $259,200 based on $1,200 monthly rent per unit.
    (512) 788-9495
    Request Owner's contact information
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    Bowie, TX 76230
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    802 Old Wise Rd Bowie, TX 76230
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