28-Unit Multifamily Value-Add
For Sale
Contact for pricing
4061 Co Rd 676, Devine, TX 78016
28 units on 3.75 acres with value-add potential.
Property Size17,799 SF
Lot Size3.75 Acres
Price / SF$25.28
Days on Market343
Property Features for 4061 Co Rd 676
General Information
Standard status
Active
Size
17,799 SF
Class
C
Lot size
3.75 Acres
Property subtype
Land, Mixed Use, Mobile Home Park, Multifamily, Special Purpose
Building Details
Year Built
1986
Listing Agency:
Caisson Real Estate Brokerage, LLC
Listed By:
Jonathon Webster · License #771633
(210) 789-8841
Source:
Crexi
Added: Nov 20, 2025
Changed: Oct 26
Last Checked: Oct 28 at 8:36AM
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 Caisson Real Estate Brokerage, LLC
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Investment Insights
Based on property information with market context.
This 3.75-acre property in Devine, TX, features 28 units, including two mobile homes. The units are configured as one-bedroom, one-bathroom layouts. All units are currently under year leases, and the property is offered for sale. Currently, 10 units are occupied, generating a monthly income of $6,150. The property requires a significant clean-out and a standardized renovation plan. There is potential for increased value through Section 8 lease-up and improved rent collections. Additional opportunities include the potential addition of a laundromat or more units on the site.
Key Highlights
- Significant value‑add opportunity: Offered at $600,000 with a recent appraisal of $1,100,000 (ARV).
- 28 total units: Includes 28 1BR/1BA units, providing substantial rental income potential.
- Currently 10 units occupied, generating $6,150 in monthly income.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
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Business Placement
Demographics for 78016, TX
10,530
Population
4,281
Households
2.5
Avg Household Size
40
Median Age
21%
College-Educated
87%
High-School Grad
158.3 sq mi
ZIP Area
67
Density / Sq Mi
$57,609
Median Household Income
$36,769
Median Earnings
$739
Median Rent
$173,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - 28 units on 3.75 acres with value-add potential.
Where is this multifamily property located?
The property is located at 4061 Co Rd 676 Devine, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Significant value‑add opportunity: Offered at $600,000 with a recent appraisal of $1,100,000 (ARV).; 28 total units: Includes 28 1BR/1BA units, providing substantial rental income potential.; Currently 10 units occupied, generating $6,150 in monthly income.
