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    Multi-Family Income Property with Expansion Title is generated by Realmo AI

    6430 E US Highway 84, Gatesville, TX 76528

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    For Sale
    $437,500

    MULTI_FAMILY - Other - Gatesville, TX

    Property size:
    2,608 SF
    Lot size:
    2.77 Acres
    Price / SF:
    $167/SF
    Added:
    Apr 29, 2026
    Days on Market:
    47
    Last Refresh:
    Jun 14 at 7:06 am

    Property Features for 6430 E US Highway 84

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Fencing
    Fenced
    Fireplace
    1
    Standard status
    Active
    APN
    157123
    Size
    2,608 SF
    Lot size
    2.77 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    0907 J B SMITH, ACRES 2.7717, & 1484 RICHARDSON
    Tax Annual Amount
    2752

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Fireplace(s), Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1965
    Floors in Building
    1
    Roof type
    Mixed
    Architectural style
    Other

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    Listing Contact
    Shelley Herring

    Listing agent Shelley Herring License #0674589

    Listing office Tejas Real Estate 2105 MAIN STREET, Gatesville, TX

    Listing date Apr 29, 2026

    MLS# 612162 Listing URL

    Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Income‑producing property on 2.77 acres with excellent highway frontage and perimeter fencing
    • Two tenant‑occupied homes: manufactured home (3 bed/2 bath) leased for $1,400/month
    • Second tenant‑occupied home: remodeled residence (2 bed/1 bath) leased for $1,300/month
    • Two separate entrances along Hwy 84 for flexibility for multiple residences
    • Mountain Water Supply indicated availability for two additional water meters (buyer to verify) for added units or future development
    • Outside city limits, minutes from Gatesville with access to Waco, Temple, Killeen, and Fort Hood

    Overview

    This for-sale multi-family income property sits on 2.77 acres and is set up for flexible on-site living and expansion. A perimeter fence encloses the tract and the property has two separate entrances along US Highway 84, supporting convenient access and potential configuration options. The current income setup includes two tenant-occupied residences: a manufactured home with 3 bedrooms, 2 baths, two living areas, and a bonus space in the primary suite, along with a remodeled residence featuring 2 bedrooms and 1 bath with updates inside and out.

    The property is located outside city limits yet is described as minutes from Gatesville. It benefits from “excellent highway frontage,” providing straightforward access to the surrounding area, including nearby connections to Waco, Temple, Killeen, and Fort Hood. Owner financing is available with approved credit.

    Water availability is a key part of the upside case presented for this site. Mountain Water Supply has indicated availability for two additional water meters, subject to buyer verification, which may support additional rental units or other development plans. With mature trees and acreage designed to maintain privacy, the site is positioned for an owner-operator or investor seeking current rental income and room to expand while keeping access practical for tenants and future uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Building Supply Auto Repair Shop Gym & Fitness Center Kitchen & Bath Showroom Home Appliance Store Pet Grooming Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gatesville
    County
    Coryell
    State
    Texas
    Longitude
    -97.670985
    Latitude
    31.426984

    FAQs

    What type of property is this?
    Single family property - Two tenant-occupied homes on fenced acreage with highway frontage and two separate entrances for flexible future use.
    Where is this single family property located?
    The property is located at 6430 E US Highway 84 Gatesville, TX.
    What is the asking price?
    The asking price for this property is $437,500.
    What are key features of this property?
    This property features: Income‑producing property on 2.77 acres with excellent highway frontage and perimeter fencing; Two tenant‑occupied homes: manufactured home (3 bed/2 bath) leased for $1,400/month; Second tenant‑occupied home: remodeled residence (2 bed/1 bath) leased for $1,300/month
    More about this property
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