About 1316 N Mary Street
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.
Features of 1316 N Mary Street
| MLS® # | 21343318 |
|---|---|
| Price | $675,000 |
| Bedrooms | 29 |
| Bathrooms | 16.00 |
| Full Baths | 16 |
| Acres | 1.64 |
| Year Built | 1967 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | 1316 N Mary Street |
|---|---|
| Subdivision | Duncan |
| City | Comanche |
| County | Comanche |
| State | TX |
| Zip Code | 76442 |
Amenities
| Utilities | City Water, Electricity Connected |
|---|---|
| Parking Spaces | 48 |
| Garages | Asphalt |
| Is Waterfront | No |
| Pool On Property | No |
Interior
| Interior Features | High Speed Internet Available |
|---|---|
| Heating | Central, Heat Pump |
| Fireplace | No |
Exterior
| Roof | Composition |
|---|---|
| Construction | Brick, Siding |
| Foundation | Slab |
School Information
| District | Comanche ISD |
|---|---|
| Elementary | Comanche |
| Middle | Comanche |
| High | Comanche |
Additional Information
| Flooring | Carpet |
|---|---|
| Net Income | $92,870 |
| Building Sqft | 6,436 |
| # Units | 16 |
Listing Details
| Agent | Daniel Edelstein |
|---|---|
| Office | Fore Premier Properties |
