Comanche, TX 76442 1316 N Mary Street
$750,000



24 more
























Presented By: Fore Premier Properties
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
Welcome to a rare investment opportunity: a 16-unit multifamily property located in the heart of Comanche, Texas, the county seat of Comanche County. This strategically positioned asset combines stable cash flow with the charm of a small Central Texas town. With 16 units, the property offers meaningful scale while remaining manageable. In small markets like Comanche, long-term tenants are common, reducing vacancy risk. The city’s stable population, modest income levels, and moderate home values create consistent demand for quality rental housing. This 16-unit complex has been consistently well maintained, reflecting attentive ownership and stable long-term operations. Hold for cash flow or reposition with improvements and reappraise — small-town multifamily often benefits from value-add plays and long-term steadiness. This 16-unit multifamily property in Comanche, Texas, represents a compelling blend of stable income, value-add potential, and community-driven demand. For investors looking to diversify into a low-cost, small-market multifamily play with long-term upside, this asset offers a rare opportunity in Central Texas.
Presented By: Fore Premier Properties
Interior Features for 1316 N Mary Street
Bedrooms
Total Bedrooms29
Bathrooms
Total Baths16
Other Interior Features
Basement Y/NNo
FlooringCarpet
Interior FeaturesHigh Speed Internet Available
Lock Box TypeOther
Total Units16
Unit Count1
General for 1316 N Mary Street
# of Buildings2
Accessory Unit TypeOther
Accessory Unit Y/NYes
AppliancesDishwasher
Capitalization Rate12.38
CityComanche
Complex NameMary Street
Construction MaterialsBrick, Siding
CoolingCentral Air, Electric
CountyComanche
DirectionsHeading Southwest on Texas Highway 16, take a right onto Industrial Boulevard. Take a left onto North Mary Street. Property will be on the left.
Elementary SchoolComanche
Elementary School NameComanche
Full Baths16
Gross Annual Expenses37299.00
HOA TypeNone
HeatingCentral, Heat Pump
High SchoolComanche
Insurance Expense2142
LevelsTwo
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeApartment
Property TypeResidential Income
RoofComposition
School DistrictComanche ISD
Standard StatusActive
StatusActive
Subdivision NameDuncan
UtilitiesCity Water, Electricity Connected
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1967
Year Built DetailsPreowned
Exterior for 1316 N Mary Street
Attached Garage Y/NNo
Building Area Total6436.00
Foundation Slab
Garage Y/NNo
Lot Size Acres1.6392
Lot Size Area1.6392
Lot Size Square Feet71403.5520
Lot Size UnitsAcres
Number Of Parking Spaces48
Parking FeaturesAsphalt
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
Comanche Elementary School
Middle School
N/A
High School
N/A
Suzanne Smith
Broker/Owner
