408 Central Ave Comanche, TX 76442
This 1,038 square foot mixed-use property, located at 408 E Central Ave in Comanche, Texas, presents a unique investment opportunity. Built in 1920, the property sits on a 0.716-acre lot and offers a blend of residential and commercial potential. Currently configured as a residential dwelling, the property features two bedrooms, one bathroom, all-electric utilities, central heating and air conditioning, a one-car carport, and a fenced yard complete with pecan trees and a storage barn. The living room has recently been updated with fresh paint and new flooring. While some updates have been made, the property is being sold "as is" and offers significant potential for renovation and repurposing. The property's prime location on Central Avenue, which also serves as US Highway 377 and 67, provides exceptional visibility and accessibility. The asking price is $149,900, translating to $144.41 per square foot. This presents a compelling opportunity for investors seeking a versatile property with strong potential for future growth and return. The net rentable square footage is 1,038 square feet. The property's street-to-street positioning on a major highway offers significant commercial potential.
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
No recorded transactions found for this property.
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.