About 802 Old Wise Road 23
This is your chance to capitalize on a brand-new multifamily development in the heart of Bowie! Three of these upscale 1-bedroom, 1.5-bath lofts are already leased, with 14 additional units approved and ready to be built. Each 600 sq. ft. loft is designed with an open-concept layout, high-end finishes, stainless steel appliances, and modern styling that appeals to working professionals and lifestyle renters. With projected rents of $1,200 per month per unit, this property has a potential annual gross income of $259,200. All units are built to city code, and all concrete work has already been completed, saving time and capital on development. Located near local shops, dining, and community events, this property offers excellent tenant appeal and long-term appreciation potential. Whether you’re seeking cash flow or a strong addition to your portfolio, this turnkey project offers both.
Features of 802 Old Wise Road 23
| MLS® # | 21013329 |
|---|---|
| Price | $1,200 |
| Bedrooms | 1 |
| Bathrooms | 1.10 |
| Full Baths | 1 |
| Half Baths | 1 |
| Square Footage | 600 |
| Acres | 1.03 |
| Year Built | 2025 |
| Type | Residential Lease |
| Sub-Type | Townhouse |
| Style | Loft |
| Status | Active |
Community Information
| Address | 802 Old Wise Road 23 |
|---|---|
| Subdivision | Allsup's State Highway 59 |
| City | Bowie |
| County | Montague |
| State | TX |
| Zip Code | 76230 |
Amenities
| Utilities | City Sewer, City Water |
|---|---|
| Garages | Additional Parking, Common |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Granite Counters, Loft, Open Floorplan |
|---|---|
| Heating | Electric |
| Fireplace | No |
Exterior
| Roof | Metal |
|---|---|
| Construction | Metal Siding |
| Foundation | Slab |
School Information
| District | Bowie ISD |
|---|---|
| Elementary | Bowie |
| High | Bowie |
Listing Details
| Agent | Cameron Butler |
|---|---|
| Office | Realty Of America, LLC |
| Contact Info | 512-788-9495 |