Homes for sale - 203 Us Highway 87, Comfort, TX 78013

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Phyllis Domingo

LPT Realty

realtorphyllisdomingo@gmail.com +1(210) 744-5478

$ 2,900,000

Est. payment | -/mo

15,002 SqFt

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$ 2,900,000

Est. payment | -/mo

Save

15,002 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Active

Purchase Type For Sale

Square Footage 15,002 sqft

Price per Sqft $193

Subdivision Comfort North

MLS Listing ID 1877022

Style Two Story

Construction Status Pre-Owned

Year Built 1995

Annual Tax Amount $4,649

Lot Size 1.884 Acres

Property Sub-Type Multi-Family (2-8 Units)

Property Description

This premier 2.44-acre multi-use property on Highway 87 offers a multifamily residential living with additional income potential. With a 7.5% cap rate and $215,000 in annual net operating income this property is ideal for a multifamily owner. Built by custom home builders, the property reflects superior craftsmanship in every detail. Located at 203 Highway 87, the site comprises seven buildings, including two residential homes (one featuring an Airbnb suite), a medical office building with three residential lofts above, a charming residential cottage, and three multifamily buildings. Designed to maximize returns, this property offers a variety of income streams from short-term and long-term rentals, as well as commercial tenants. Residential rental rates are currently below market, providing significant opportunity for future growth and increased revenue. With multiple revenue streams and prime highway exposure, this is a rare investment opportunity that combines stability and long-term appreciation potential.

Location

State TX

County Kendall

Area 2510

Zoning CQ

Interior

Heating Central

Cooling One Central

Flooring Other

Exterior

Exterior Feature Wood, Siding

Roof Type Metal

Building

Foundation Slab

Construction Status Pre-Owned

Schools

Elementary Schools Comfort

Middle Schools Comfort

High Schools Comfort

School District Comfort

Others

Acceptable Financing Cash

Listing Terms Cash

Listed by Timothy Warlow • Keller Williams Boerne • (210) 818-9457

Find out why customers are choosing LPT Realty to meet their real estate needs!!

+1(210) 744-5478

realtorphyllisdomingo@gmail.com

203 Us Highway 87 Comfort, TX 78013