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Listing provided courtesy of Agents Of Texas, LLC- MLS# 21295394MLS ProviderContact Information: Mercedes Lane

408 Live Oak St StreetMarlin, TX 76661

Multi-Family · 2,800 Sq. ft. | 0.46 Acres
$175,000 Active

408 Live Oak St Street Overview

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Don’t miss this income producing commercial property featuring three garage apartment units (approximately 420 SF each), currently leased and generating rental income. Situated on a generous 0.43-acre tract, this property offers significant upside with the ability to add two additional units and ample space for future development, including additional rental units or a commercial building. Whether you’re looking to expand your rental portfolio or capitalize on future development opportunities, this property delivers both immediate cash flow and long-term growth potential. Even better, it can be purchased individually, packaged with five additional investment properties, or combined with the neighboring income-producing barbershop and residential home for an even larger investment opportunity.

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408 Live Oak St Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,800
  • Price/Sq.ft. $62
  • Lot 0.46 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Marlin ISD
  • Elementary School: Marlin
  • Middle Or Junior School: Marlin
  • High School: Marlin

Building Information

  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Falls
  • Postal City: MARLIN
  • Subdivision Name: Oakes

Tax Information

  • Tax Annual Amount: 4682.0

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 35406
  • Property Type: Residential Income

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 2800.0

General Information

  • Flooring: Carpet,Ceramic Tile
  • Foundation Details: Slab
  • Interior Features: Open Floorplan,Other
  • Levels: One
  • Stories: 1

Exterior

Parking Information

  • Open Parking: Yes
  • Parking Features: No Garage,On Site,Open,Unpaved
  • Parking Total: 5.0

Lot Information

  • Lot Size Acres: 0.46
  • Lot Size Area: 0.46
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 20037.6
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Aluminum Siding,Metal Siding
  • Roof: Metal

General Information

  • Number Of Units Total: 3
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Sewer Available,Water Available

Unit Information

Unit 1 Details

  • Unit Type: Studio
  • Units Total: 1

Unit 2 Details

  • Unit Type: Studio
  • Units Total: 1

Unit 3 Details

  • Unit Type: Studio
  • Units Total: 1

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

408 Live Oak St Street Market Data

Based on the last 30 days in this zip code

$211,816
Average List Price
$101
Average Price per Square Foot
5
Properties Sold
146
Average Days on Market
42
Properties for Sale
Calculations provided by Reliance Network


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