New Multifamily Development
802 Old Wise Road, Bowie, TX 76230
Business - Bowie, TX
Type:Business
Property size:
600 SFLot size:
1.03 AcresPrice / SF:
$2,000/SF- Added:
- Mar 12, 2026
- Days on Market:
- 80
- Last Refresh:
- May 30 at 10:06 am
Property Features for 802 Old Wise Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Business
- Property condition
- New Construction
- Parking features
- Assigned
- Standard status
- Active
- APN
- R000013666
- 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
Listing agent Cameron Butler License #0572740 (512) 788-9495
Listing office Realty Of America, LLC 16700 Huffmeister Rd, CYPRESS, TX (512) 788-9495
Listing date Mar 12, 2026
MLS# 21055518
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
- 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.
- Units feature open‑concept layouts, high‑end finishes, stainless steel appliances, and modern styling.
- Concrete work is already completed, saving time and capital.
- Located near shops, dining, and community events, offering excellent tenant appeal.
Overview
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
Location Insight
- Map
- Local Demand
- City
- Bowie
- County
- Montague
- State
- Texas
- Longitude
- -97.856974
- Latitude
- 33.562237
Nearby Similar for Sale
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 Road 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.
