618 Live Oak Street Blanco, TX 78606

Located in Blanco County, a rapidly growing rural area attracting retirees, young families, and remote workers, this multifamily property presents a stabilized and turnkey investment opportunity. The county's real estate market is dominated by single-family homes and ranches, resulting in a scarcity of apartment options, which boosts demand and maintains high rental occupancy. Situated within 50 miles of Austin and San Antonio, residents enjoy small-town living with convenient access to urban job markets, universities, and cultural attractions. The surrounding area offers outdoor recreation, wineries, breweries, and tourism, including annual outdoor festivals. The property has undergone a major remodel completed in May 2023, leaving negligible deferred maintenance. According to the sellers, the remodel encompassed everything other than the structure, foundation, and exterior walls. Utility consumption can be monitored remotely, and leases are structured with utility reimbursement. Existing property management is willing to remain in place, ensuring a lean expense ratio and high yield for the area. The property is located at 618 Live Oak Street, Blanco, TX 78606.