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Leased Triplex With Garage Apartments
For Sale
$219,900

408 Live Oak St, Marlin, TX 76661

ResidentialIncome, Marlin, TX

Property SizeContact for details
Lot Size0.46 Acres
Days on Market58

Property Features for 408 Live Oak St

General Information

Property type Residential Multi Family
Property subtype Other
Parking 5
Parking features Open, Garage, Paved or Surfaced
Interior features OpenFloorplan
Subdivision Oakes
Elementary school Marlin
Middle school Marlin
High school Marlin
Elementary school district Marlin ISD
Middle school district Marlin ISD
High school district Marlin ISD
Directions From Hwy 6, Exit toward Live Oak St. Continue on Live Oak for about 1/2 mile. 408 Live Oak on right.
Standard status Active
APN 35406
Lot size 0.46 Acres

Taxes and HOA fees

Tax Description S3750 OAKES BLK 1 LOT 5A-6/12B .689 ACRES
Tax Annual Amount 4682
Legal Description S3750 OAKES BLK 1 LOT 5A-6/12B .689 ACRES

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air, Window Unit(s), Electric
Water source Public

Building Details

Floors in Building 1
Number of units 3
Flooring type Tile, Carpet
Building materials AluminumSiding, MetalSiding
Roof type Metal
Listing Agency: Agents Of Texas, LLC
Listed By: Mercedes Lane · License #746855
Added: Jul 13 Changed: Sep 7 Last Checked: Sep 8 at 4:06AM
MLS# 21295394

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.

Investment Insights

Based on property information with market context.

This triplex includes three garage apartment units, each measuring approximately 420 SF. The units are currently leased and generate rental income. Interior features include open floorplans, carpet and tile flooring, and a mix of central and window-unit heating and cooling. The property also includes garage and paved open parking, a metal roof, aluminum and metal siding, and public water and sewer service.

Located at 408 Live Oak St in Marlin, Texas, the property offers a compact multifamily configuration with existing tenancy and on-site parking. The individual units provide a defined three-unit layout for continued residential rental use.

Key Highlights

  • Three garage apartment units, each approximately 420 SF
  • All three units are currently leased and generating rental income
  • Open floorplans with carpet and tile flooring

Property Analytics

Current Use

The Chill Spot Shaved ... Take-out & Catering

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Storage Facility Plumbing Service Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

372
Businesses Nearby

Demographics for 76661, TX

7,982
Population
3,159
Households
2.5
Avg Household Size
39
Median Age
9%
College-Educated
78%
High-School Grad
165.6 sq mi
ZIP Area
48
Density / Sq Mi
$40,379
Median Household Income
$32,736
Median Earnings
$716
Median Rent
$52,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Triplex - Three leased apartment units provide an existing rental configuration.
Where is this triplex located?
The property is located at 408 Live Oak St Marlin, TX.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Three garage apartment units, each approximately 420 SF; All three units are currently leased and generating rental income; Open floorplans with carpet and tile flooring
More about this property
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