319 W Main St - Multi-Family FOR SALE


Bishop, TX 78343
$235,000 USD
361-643-2662

NO PHOTO

$235,000 USD
Multi-Family - FOR SALE
null | Request Cap Rate

319 W Main St
Bishop, TX 78343


OVERVIEW

TURNKEY fully-furnished 4-UNIT property with 8 parking spaces on 0.40 of an acre, currently operating as a successful Airbnb and owner-occupied home, now offered as a proven income-producing investment. Property has generated $40K+ annually across 3 units, each producing $1K+/month, with strong demand from tenants tied to Tesla, Celanese, Texas A&M Kingsville, Naval Air Station Kingsville, and surrounding oil, wind, and military industries. Situated on oversized lots with added privacy and a large partially shaded backyard, ideal for entertaining, expansion, or additional amenities. The flexible layout allows for multi-generational living or full rental use, with the ability to operate as 3 or 4 separate units. 4 units are spread across 3 buildings. The Main House Front features 2 bedrooms, 1 updated bathroom, and a spacious upstairs loft area suitable as a 3rd bedroom, office, or media space. The Main House Back is a 1/1 efficiency with kitchenette and walk-in shower, and can be connected or separated from the main home. A detached unit called “The Cobblers Barn” is a studio efficiency unit offers additional rental income. The 4th unit is a large 1/1 over the garage apartment with a full kitchen. Garage apartment is separately metered for electric, water, and gas, while the remaining units share utilities. Durable vinyl plank and tile flooring throughout allow for easy maintenance, and window-unit AC systems help keep operational costs low. Additional value-add potential includes use of the oversized garage (with additional storage area) for storage, laundry, or possible 5th unit conversion. Ideal for Airbnb investors, house hackers, or buyers seeking strong income with flexibility.

FOR SALE DETAILS

PRICE

$235,000 USD

PRICE/SF

$105 USD /SF

# OF UNITS

4

PRICE/UNIT

$58,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

195043

ASK ABOUT THIS PROPERTY

Brenton ReaganCass Real EstateMore Info
361-643-2662

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Brenton ReaganCass Real EstateMore Info
361-643-2662

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.