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    308 Diaz St Presidio, TX 79845

    For Sale
    $290,000

    3,200 sq ft Multifamily, 0.14 Acres

    Property size:
    3,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional investment opportunity presents a 3,200 square foot multifamily apartment building situated on a 0.14-acre lot in the vibrant city of Presidio, Texas. Located at 308 Diaz Street, this property offers significant potential for income generation and appreciation. The building's substantial size provides ample space for multiple units, allowing for diverse rental strategies and maximizing return on investment. The 0.14-acre lot provides ample space for potential expansion or future development, depending on local zoning regulations and future market demands. Presidio's growing economy and strategic location offer a compelling investment case, with opportunities for both short-term and long-term growth. The property's current configuration and condition will require an assessment to determine the extent of any necessary renovations or upgrades. Prospective buyers are encouraged to conduct their own due diligence to fully understand the property's potential and to develop a comprehensive investment strategy. This is a rare opportunity to acquire a substantial multifamily property in a dynamic Texas market. The asking price of $290,000 presents a competitive entry point for investors seeking strong returns in a growing area. Detailed financial projections and market analysis are recommended to fully evaluate the potential of this promising investment. Serious inquiries are welcome.

    Property Features for 308 Diaz St

    General Information

    Property type
    Residential income properties
    Square Feet
    3,200 SF
    Lot Size
    6,098 SF

    Building Details

    Year Built
    2000
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Presidio
    County
    Brewster
    State
    Texas
    Longitude
    -104.3823
    Latitude
    29.56385

    Nearby Comparable

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    • New
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    • $1,550,000
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      Presidio, TX Grocery Store

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    Nearby Similar for Sale

    • $220,000
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    • $1,550,000
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      Presidio Commercial Building - Huge Potential

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    • $1,550,000
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      Presidio, TX Grocery Store

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    FAQs

    What type of property is this?
    Residential income property - 3,200 sq ft Multifamily, 0.14 Acres
    Where is this residential income property located?
    The property is located at 308 Diaz St Presidio, TX.
    What is the asking price?
    The asking price for this property is $290,000.
    (866) 277-6005
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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
    308 Diaz St Presidio, TX 79845
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