203 Us-87 Comfort, TX 78013
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 203 Us-87
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
Exceptional investment opportunity in Comfort, Texas, featuring a 2.44-acre mixed-use property situated on Highway 87. This portfolio comprises seven buildings totaling 20 units and boasts a strong 6.72% capitalization rate with a net operating income of $216,242. The property includes two single-family homes (one with an Airbnb suite), a medical office building with three residential lofts, a charming cottage, and three multifamily buildings. Built by custom home builders, the property showcases superior craftsmanship. The diverse mix of residential (short-term and long-term rentals) and commercial tenants provides multiple income streams. Current residential rental rates are below market value, presenting a significant opportunity for future revenue growth. The property's prime highway location ensures excellent visibility and accessibility. This investment offers a unique blend of stability and substantial long-term appreciation potential, making it a rare find in the Texas market. The property consists of seven buildings across two stories, offering a total of 20 units. Located at 203 US-87, Comfort, TX 78013, in Kendall County.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Comfort
- County
- Kendall
- State
- Texas
- Longitude
- -98.9029
- Latitude
- 30.0002
