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$1,050,000 Just Listed
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Property Description
This is your chance to capitalize on a brand-new multifamily development in the heart of Bowie! Three of these upscale 1-bedroom, 1.5-bath lofts are already leased, with 14 additional units approved and ready to be built. Each 600 sq. ft. loft is designed with an open-concept layout, high-end finishes, stainless steel appliances, and modern styling that appeals to working professionals and lifestyle renters. Rents at $1,200 per month per unit, this property has a potential annual gross income of $259,200. All units are built to city code, and all concrete work has already been completed, saving time and capital on development. Located near local shops, dining, and community events, this property offers excellent tenant appeal and long-term appreciation potential. Whether you're seeking cash flow or a strong addition to your portfolio, this turnkey project offers both.
Full Property Details
Full Property Details for 802 Old Wise Rd
General
- Price: $1,050,000
- Taxes: $1,107
- Status: Active
- Type: Business
- Source: NTREIS
- MLS ID: 21407780
- Updated: Today (10/9/2026)
- Added to Site: Today
Business
- Business Type: Real Estate
Interior
- Flooring: Ceramic Tile
Parking
- Parking Features: Assigned, Concrete
Location
- County: Montague
- Subdivision: Allsups State Hwy 59
- Driving Directions: 81 N, Make left on Old Wise Road. Lofts are on the left.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Wall Unit(s)
- Heating Type: Central, Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Frame, Metal Siding, Other, Concrete
- Roof: Metal
- Stories/Levels: 2
- Square Feet: 600
- Sq. Ft. Source: Plans
- Year Built: 2025
- Property Condition: New Construction
Lot Features
- Lot Size (Acres): 1.03
- Lot Size (Sq. Ft.): 44,866.8
- Lot Size Source: Public Records
- Potential Use: Other
- Zoning: Residential Commercial.
Financial Considerations
- Tax Amount: $1,107
- Terms: Cash, Conventional
- Tenant Pays: All Utilities, Trash Collection
Disclosures and Reports
- Legal Description: ACRES: 1.030 AB 785 BLK 2857 TE&L CO
- Inclusions: Business, Land & Improvements, Other
- Property ID: R000013666
- Block: 2857
Listed by Realty Of America, LLC, Cameron Butler
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Schools
Schools serving 802 Old Wise Rd
School District:Bowie Independent School District
| Name | Grades | Distance |
|---|---|---|
Bowie Intermediate School 800 North Mill Street, Bowie, TX 76230 | PK-5 | 1.1 mi |
Bowie J High School 501 East Tarrant Street, Bowie, TX 76230 | 6-8 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 802 Old Wise Rd
Date
Details
Price
Change
Source
10/09/2026
Listed
$1,050,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 802 Old Wise Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$291
147%
$58,710
130%
2022
$118
—
$25,500
-2%
2022
$118
—
$26,000
11%
2022
$118
100%
$23,420
39%
2021
—
$16,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 802 Old Wise Rd
802 Old Wise Road, Bowie, TX 76230 (MLS# 21407780) is a Business property. 802 Old Wise Road is currently listed for $1,050,000 and was received on October 09, 2026. Want to learn more about 802 Old Wise Road? Do you have questions about finding other Business real estate for sale in Bowie? You can browse all Bowie real estate or contact a Coldwell Banker agent to request more information.

