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Multifamily Loft Development
New
For Sale
$1,050,000

802 Old Wise Road, Bowie, TX 76230

Three lofts are leased, with approval in place for 14 additional units.

Property Size600 SF
Price / SF$1,750
Days on Market5

Property Features for 802 Old Wise Road

General Information

Standard status Active
Size 600 SF
Property subtype Commercial
Zoning Residential Commercial.

Additional Details

Gross Income $259,200

Building Details

Building Size 600 SF
Year Built 2025
Stories 2
Units 18
Tenancy Multi
Listing Agency: BOURQUIN REALTY
Listed By: David Bourquin · License #0596715
Source: Bourquinrealty
Added: Oct 19 Changed: Oct 22 Last Checked: Oct 22 at 2:29PM

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 BOURQUIN REALTY

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Investment Insights

Based on property information with market context.

The multifamily property includes three leased lofts, each with one bedroom, 1.5 bathrooms, and 600 square feet. The layouts are open-concept, with stainless steel appliances and high-end finishes. Concrete work has been completed, and 14 additional units are approved for construction. The property was built in 2025 and is zoned Residential Commercial.

Located at 802 Old Wise Road in Bowie, the property is near local shops, dining, and community events.

Key Highlights

  • Three one‑bedroom, 1.5‑bath lofts are leased
  • Approval in place for 14 additional units
  • Each loft measures 600 square feet

Property Analytics

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Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

332
Businesses Nearby

Demographics for 76230, TX

9,992
Population
4,937
Households
2
Avg Household Size
43
Median Age
16%
College-Educated
87%
High-School Grad
356.7 sq mi
ZIP Area
28
Density / Sq Mi
$64,467
Median Household Income
$38,302
Median Earnings
$1,063
Median Rent
$202,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Three lofts are leased, with approval in place for 14 additional units.
Where is this multifamily property located?
The property is located at 802 Old Wise Road Bowie, TX.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Three one‑bedroom, 1.5‑bath lofts are leased; Approval in place for 14 additional units; Each loft measures 600 square feet
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