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203 Us Highway 87, Comfort, TX 78013

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For Sale

$2,900,000

15,002 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $193.31
    Price per square foot

  • 21-30 Years Old
    Age

Explore this Property

This premier 2.44-acre multi-use property on Highway 87 offers a multifamily residential living with additional income potential. With a 7.5% cap rate and $215,000 in annual net operating income this property is ideal for a multifamily owner. Built by custom home builders, the property reflects superior craftsmanship in every detail. Located at 203 Highway 87, the site comprises seven buildings, including two residential homes (one featuring an Airbnb suite), a medical office building with three residential lofts above, a charming residential cottage, and three multifamily buildings. Designed to maximize returns, this property offers a variety of income streams from short-term and long-term rentals, as well as commercial tenants. Residential rental rates are currently below market, providing significant opportunity for future growth and increased revenue. With multiple revenue streams and prime highway exposure, this is a rare investment opportunity that combines stability and long-term appreciation potential.
MLS# 1877022

Courtesy Of KELLER WILLIS SAN ANTONIO INC

(830) 816-3500

Property Features

  • Age
    21-30 Years Old
  • Architecture Style
    Other
  • Lot Size
    1.88 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 203 Us Highway 87, Comfort, TX 78013
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Home seller CENTURY 21 The Hills Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 The Hills Realty

(830) 257-5010
Learn More About Us

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