7 Us Highway 87, Comfort, TX 78013
A10393 - SURVEY 27 J M RIGALAD · Kendall County
Key Facts
Description
**Investor Opportunity!** Fully occupied 8-unit multifamily property plus one income-producing RV space in Comfort, Texas. This turnkey investment provides immediate cash flow with approximately $93,900 in annual gross rental income. Long-term tenants, fully occupied, and month-to-month leases offer an established income stream along with flexibility for future management. Several units are currently leased below market according to the seller, creating a value-add opportunity through future rent adjustments as market conditions and applicable laws allow. Individual utility meters are already installed, providing the potential to transition from owner-paid utilities to tenant-paid utilities, subject to lease terms and applicable regulations. Situated on approximately 2.12 acres with 4,664 square feet of improvements, the property also offers potential for future development or expansion, subject to buyer verification of zoning and other applicable requirements. According to the seller, the property has not experienced flooding during their ownership. The property is located within a FEMA-designated floodway, and buyers should independently verify floodplain requirements, insurance availability, financing, and all property information during their due diligence.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
One Story
Stories
1
Living Area
4,664 sq ft
Lot Size
2.12 acres
Zoning
NONE
Days on Market
1
MLS® Listing#
1999997
Property Features
Cooling
Heating
Flooring
Construction
Foundation
Roof
Schools
- Elementary:
- Comfort
- Middle:
- Comfort
- High:
- Comfort
- District:
- Comfort
Financial Details
HOA
None
Annual Taxes
$8,519
Parcel Number
1514000300621
Directions
via I-10W to US-87 Bus
Affordability Calculator
$100,000
Estimated monthly payment
$2,661/mo
Principal $400,000 · Est. interest $558,036 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Comfort, TX
- $683,333
- Median Listing Price
- 73
- Median Days on Market
- 2,241
- Median Sq Ft
- $304
- Median Price / Sq Ft
- 51
- Active Listings
- This home’s price is 27% below the area median.
- Its price per sq ft is 65% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Comfort, TX.
Location
Points of Interest in Comfort, TX
Showing the Comfort area map.
Nearby Schools
Comfort Tots Daycare-Learning
School · 0.4 mi away
Comfort Elementary School
Elementary · 0.6 mi away
Comfort Independent School District
School · 0.7 mi away
Comfort Middle School
Secondary · 0.7 mi away
Comfort High School
Secondary · 1.6 mi away
Comfort Independent School District
School · 1.6 mi away
Center Point Elementary School
Elementary · 8.0 mi away
Center Point School District
School · 8.0 mi away
Center Point High School
Secondary · 8.1 mi away
Our Lady of the Hills College Prep
School · 11.6 mi away
Tivy High School
Secondary · 13.1 mi away
Tom Daniels Elementary School
Elementary · 13.8 mi away
Early Childhood Center
School · 14.6 mi away
Discipline Alternative School
Secondary · 14.6 mi away
Kerrville Isd Technology
School · 14.6 mi away
Kerrville Independent School District
School · 14.6 mi away
Kerrville Public School Foundation
School · 14.6 mi away
B T Wilson 6th Grade School
Elementary · 14.7 mi away
St. Peters Episcopal Church
School · 14.8 mi away
Grace Academy of Kerrville
School · 14.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 17 Fm 473, Comfort, TX | $509,500 | 8 | — | 3,101 |
Moving Cost Estimate
EXIT Agents in Comfort
Listing Courtesy: Phyllis Browning Company - (210) 912-6290 evillarreal@phyllisbrowning.com
Presented by: Ernesto Villarreal