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Turnkey Income-Producing Four-Unit Property
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319 West Main Street, Bishop, TX 78343

Fully furnished, four-unit property operating as a successful Airbnb.

Property Size999 SF
Lot Size0.40 Acres
Price / SF$220.22
Days on Market104

Property Features for 319 West Main Street

General Information

Standard status Active
Size 999 SF
Class C
Lot size 0.40 Acres
Property subtype Multifamily
Zoning Resiential
Occupancy 100%
Investment Type Value Add
Net Operating Income $28,325

Building Details

Year Built 1930
Buildings 3
Units 4
Tenancy Multi
Listing Agency: Cass Real Estate
Listed By: Brenton Reagan · License #0669077
Source: Crexi
Added: May 18 Changed: Aug 28 Last Checked: Aug 29 at 3:24AM

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 Cass Real Estate

Investment Insights

Based on property information with market context.

This turnkey, fully-furnished four-unit property, currently operating as a successful Airbnb and owner-occupied home, is offered as an income-producing investment. The property features eight parking spaces and is situated on 0.40 of an acre. The property has generated over $40,000 annually across three units, each producing over $1,000 per month, with strong tenant demand from Tesla, Celanese, Texas A&M Kingsville, Naval Air Station Kingsville, and surrounding oil, wind, and military industries. The oversized lot offers added privacy and a large, partially shaded backyard suitable for entertaining, expansion, or additional amenities. The flexible layout allows for multi-generational living or full rental use, with the ability to operate as three or four separate units spread across three buildings. The Main House Front features two bedrooms, one updated bathroom, and a spacious upstairs loft area suitable as a third bedroom, office, or media space. The Main House Back is a 1/1 efficiency with a kitchenette and walk-in shower, and can be connected or separated from the main home. A detached unit called “The Cobblers Barn” is a studio efficiency unit offering additional rental income. The fourth unit is a large 1/1 over the garage apartment with a full kitchen. The garage apartment is separately metered for electric, water, and gas, while the remaining units share utilities. Durable vinyl plank and tile flooring throughout allows for easy maintenance, and window-unit AC systems help keep operational costs low. Additional value-add potential includes use of the oversized garage (with additional storage area) for storage, laundry, or possible fifth unit conversion. The property is ideal for Airbnb investors, house hackers, or buyers seeking strong income with flexibility. The property size is 999 square feet.

Key Highlights

  • Turnkey, fully‑furnished 4‑unit property operating as a successful Airbnb with proven income generation ($40K+ annually).
  • High tenant demand from Tesla, Celanese, Texas A&M Kingsville, Naval Air Station Kingsville, and surrounding industries, ensuring consistent rental income.
  • Flexible layout allows for multi‑generational living or full rental use, operable as 3 or 4 separate units.

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Building Supply Dental Office Auto Repair Shop Big Box & Wholesale Store Restaurant Storage Facility

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

96
Businesses Nearby

Demographics for 78343, TX

4,405
Population
2,076
Households
2.1
Avg Household Size
38
Median Age
23%
College-Educated
78%
High-School Grad
142.9 sq mi
ZIP Area
31
Density / Sq Mi
$62,516
Median Household Income
$36,591
Median Earnings
$781
Median Rent
$108,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Short term rental property - Fully furnished, four-unit property operating as a successful Airbnb.
Where is this short term rental property located?
The property is located at 319 West Main Street Bishop, TX.
What is the asking price?
The asking price for this property is $219,999.
What are key features of this property?
This property features: Turnkey, fully‑furnished 4‑unit property operating as a successful Airbnb with proven income generation ($40K+ annually).; High tenant demand from Tesla, Celanese, Texas A&M Kingsville, Naval Air Station Kingsville, and surrounding industries, ensuring consistent rental income.; Flexible layout allows for multi‑generational living or full rental use, operable as 3 or 4 separate units.
(512) 736-2695 Call to check price and availability
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