New Multifamily Loft
802 Old Wise Road, Bowie, TX 76230
- Added:
- Mar 12, 2026
- Days on Market:
- 83
- Last Refresh:
- Jun 2 at 9:06 pm
Property Features for 802 Old Wise Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Property condition
- Under Construction
- Parking features
- Assigned
- Standard status
- Active
- APN
- R000013666
- Size
- 600 SF
- Lot size
- 1.03 Acres
Taxes and HOA fees
- Tax Description
- ACRES: 1.030 AB 785 BLK 2857 TE&L CO
- Tax Annual Amount
- 1107
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Wall Unit(s), Central Air
- Water source
- Public
Building Details
- Year built
- 2025
- Floors in Building
- 2
- Number of units
- 18
- Flooring type
- Tile
- Building materials
- Frame, MetalSiding, Concrete
- Roof type
- Metal
Listing agent Cameron Butler License #0572740 (281) 861-6199
Listing office Realty Of America, LLC CYPRESS, TX (512) 788-9495
Listing date Mar 12, 2026
MLS# 21055518
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.
HighLights
- New 2025 multifamily development with three leased 1‑bedroom, 1.5‑bath loft units
- 14 additional units are approved and ready to be built
- Each loft is 600 SF with an open‑concept layout
- Projected rents of $1,200 per month per unit and potential annual gross income of $259,200
- All concrete work already completed, with construction currently under way
- Utilities include public water and public sewer; central heating and central air with wall units; metal roof
Overview
This turnkey multifamily development features three upscale 1-bedroom, 1.5-bath loft units that are already leased. Each loft offers an open-concept layout with high-end finishes, modern styling, and stainless steel appliances. The project also includes approvals for 14 additional units that are ready to be built, giving investors a clear path to expand on an active, income-producing foundation. All units are built to city code, and all concrete work has already been completed, helping reduce development time and capital requirements.
Located in the heart of Bowie, the property is positioned near local shops, dining, and community events. That convenience supports tenant appeal and helps the development fit a broad range of working professionals and lifestyle renters.
For buyers and developers, this is an opportunity to capitalize on a partially built, code-compliant multifamily plan with momentum already established through leased units. With additional units approved and scheduled for build-out, the asset may appeal to investors seeking current cash flow potential while adding future upside through continued development.
Located in the heart of Bowie, the property is positioned near local shops, dining, and community events. That convenience supports tenant appeal and helps the development fit a broad range of working professionals and lifestyle renters.
For buyers and developers, this is an opportunity to capitalize on a partially built, code-compliant multifamily plan with momentum already established through leased units. With additional units approved and scheduled for build-out, the asset may appeal to investors seeking current cash flow potential while adding future upside through continued development.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Bowie
- County
- Montague
- State
- Texas
- Longitude
- -97.856974
- Latitude
- 33.562237
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Turnkey multifamily project with leased loft units and approvals for additional homes, with concrete work already complete.
Where is this apartment building located?
The property is located at 802 Old Wise Road Bowie, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: New 2025 multifamily development with three leased 1‑bedroom, 1.5‑bath loft units; 14 additional units are approved and ready to be built; Each loft is 600 SF with an open‑concept layout
