Back to Search

Multifamily Development Opportunity in Bowie

802 Old Wise Road, Bowie, TX 76230

View on Map

For Sale

$1,200,000

New multifamily development with leased units and expansion potential.

Type:Commercial

Property size:

600 SF

Price / SF:

$2,000/SF

HighLights

Brand‑new multifamily development opportunity in the heart of Bowie.
14 additional units approved and ready to be built.
Three upscale 1‑bedroom, 1.5‑bath lofts are already leased.
Projected annual gross income of $259,200.
Each unit features an open‑concept layout, high‑end finishes, and stainless steel appliances.
All concrete work has already been completed, saving time and capital.

We can help!

Listing Contact

Cameron Butler

Learn more

For Sale

$1,200,000

New multifamily development with leased units and expansion potential.

Type:Commercial

Property size:

600 SF

Price / SF:

$2,000/SF

Added:: Apr 22, 2026
Days on Market:: 52
Last Refresh:: Apr 22 at 5:34 pm

Property Features for 802 Old Wise Road

General Information

Standard status: Active
Size: 600 SF
Property subtype: Commercial

Building Details

Year Built: 2025

We can help!

Listing Contact

Cameron Butler

Listing agent Cameron Butler

Listing office Realty Of America, LLC

Listing date Apr 22, 2026

Source Signaturere

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Realty Of America, LLC

HighLights

Brand‑new multifamily development opportunity in the heart of Bowie.
14 additional units approved and ready to be built.
Three upscale 1‑bedroom, 1.5‑bath lofts are already leased.
Projected annual gross income of $259,200.
Each unit features an open‑concept layout, high‑end finishes, and stainless steel appliances.
All concrete work has already been completed, saving time and capital.

Overview

This multifamily development opportunity is located in Bowie. Three upscale 1-bedroom, 1.5-bath lofts are already leased. An additional 14 units are approved and ready to be built. Each 600 sq. ft. loft features an open-concept layout, high-end finishes, stainless steel appliances, and modern styling. The property is designed to appeal to working professionals and lifestyle renters. Projected rents are $1,200 per month per unit, giving the property a potential annual gross income of $259,200. All units are built to city code, and all concrete work has already been completed. The property is located near local shops, dining, and community events, offering tenant appeal and long-term appreciation potential. This project offers potential cash flow.

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Bowie
County: Montague
State: Texas
Longitude: -97.857183
Latitude: 33.562439

Nearby Similar for Sale

$550,000

13,800 SF

Fenced Office Yard Property

Fenced yard with office space and a bathroom, offering practical flexibility for businesses needing secure outdoor work areas.

901 Decatur Street, Bowie, TX 76230

View Details
$105,000

Mixed-Use Land with Workshop

Two-lot property with an on-site red workshop, offering flexible commercial or residential zoning options in Bowie, TX.

208 Galia Street, Bowie, TX 76230

View Details
$214,500

High-Visibility Retail/Restaurant Building

A 60-by-30 metal building with strong main-street visibility, well-suited for retail, dining, or coffee concepts.

413 E Wise Street, Bowie, TX 76230

View Details
$189,900

Corner Retail Storefront

Corner exposure with dedicated front and rear access, plus central electric AC and gas heat for comfortable everyday operations.

1123 Highway 59 N, Bowie, TX 76230

View Details
$339,500

Self Storage Facility with Road Frontage

Newly nearing completion with 36 units, designed for straightforward access and strong income potential.

308 Highway 59 S, Bowie, TX 76230

View Details
$1,680,000

Ranch Estate with Farmhouses and Shop

Versatile Bowie ranch setup for cattle with a farmhouse estate, guest house, shop, and seasonal creek.

5444 Well Service Road, Bowie, TX 76230

View Details
$950,000

Custom Office Space with Garage Door

Custom-built office with conference space, private offices, kitchenette, and a large rear garage door for flexible access.

112 W Wise Street, Bowie, TX 76230

View Details
$1,300,000

Tiny Home Income Property

Income-producing tiny home community with additional platted lots and utilities ready for expanded development.

509 Ussery Street, Bowie, TX 76230

View Details
$1,300,000

Tiny Home Income Property

Rented and leased tiny homes with additional platted land and utilities ready for further development.

509 Ussery Street, Bowie, TX 76230

View Details
$165,000

Updated Multi-Family Home

Tenant-occupied and move-in ready, offering immediate rental income with convenient access to Highway 287.

401 Barker Street, Bowie, TX 76230

View Details
$1,238,250

Bowie, TX Ranch For Sale

127 acre ranch property in Bowie, Texas.

4730 Bugscuffle Road, Bowie, TX 76240

View Details
$319,500

Bowie, TX Ranch Land

24.2 acre ranch property for sale in Bowie, Texas.

Tract 1 Fm 3043, Bowie, TX 76230

View Details

For sale
Apartment buildings
TX
Bowie
76230
802 Old Wise Road

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: Brand‑new multifamily development opportunity in the heart of Bowie.; 14 additional units approved and ready to be built.; Three upscale 1‑bedroom, 1.5‑bath lofts are already leased.