200 Matthews, Bowie, TX

$275,000

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1.32

Acres

About 200 Matthews

Here is one of my development plans for a true vintage tiny home community and b&b. Very rare 1909 Texas electric train car in place to build out a unique b&b experience All blueprints will be approved in 2 week by the city for this development. Original gulf depot building to be community clubhouse Very expensive Gulf porcelain and neon comes with it! A few blocks from downtown Bowie Tx and one mile off major highway 287 The picture of house is the plans we have. We own another development around the corner that’s doing great along with a brand new rv park in Bowie as well! ? We can provide a build cost and spreadsheet for buyer and can do the build if needed. Will possible owner finance if needed

Features of 200 Matthews

MLS® # 20585305
Price $275,000
Units 12
Building Area Total 1
Acres 1.32
Year Built 2024
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information

Address 200 Matthews
Subdivision TE&L CO SURVEY ACRES:
City Bowie
County Montague
State TX
Zip Code 76230

Amenities

Utilities All Weather Road, Asphalt, Cable Available, City Sewer, City Water, Community Mailbox
Parking Spaces 12
Garages Asphalt, No Garage, On Site, Parking Pad, None
Is Waterfront No
Has Pool No

Interior

Interior Features Other
Heating Central, Electric
Fireplace No

Exterior

Roof Composition, Other
Construction Concrete, Frame, Wood
Foundation Slab

School Information

District Bowie ISD
Elementary Bowie
High Bowie

Additional Information

Net Operation Income $170,000
Gross Annual Income $172,800
Gross Annual Expenses $172,800
Insurance Expense $2,800
CapitalizationRate 61.82

Unit 1 Details

Type 1 Bedroom

Listing Details

AgentTomas Rodriguez
OfficeLone Star Realty

Listing Map

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