106 Bluebonnet St Gatesville, TX 76528
For Sale
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Well-maintained quadplex located at 106 Bluebonnet Street in Gatesville, Texas. This fully occupied multifamily property features four spacious units, each offering approximately 1,088 square feet with a 3-bedroom, 2-bath floor plan, full kitchen, comfortable living area, and a convenient first-floor bedroom. Designed with tenant comfort in mind, each unit includes a private fenced backyard and covered patio, amenities that contribute to strong rental appeal and long-term occupancy. The property has been consistently maintained, including the installation of a new roof in 2022. With 100% occupancy and continued demand for rental housing in the Gatesville market, this property provides immediate income and long-term investment potential. Conveniently located in an established residential neighborhood near schools, shopping, restaurants, and local services, the property benefits from a desirable location that supports tenant retention and future rental demand. Whether expanding an investment portfolio or acquiring a multifamily property with established income, this quadplex combines stable occupancy, functional floor plans, private outdoor space, and a strong Central Texas location. Shown by exterior viewing only. Please do not disturb tenants.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.