203 Us Highway 87
Comfort, TX 78013
Map
- – beds
- – baths
- 15,002 sqft
- ~2 acre lot
- $193 per sqft
- 1995 build
- – on site
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.
Last checked:
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Last updated Jun 19, 2025
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MLS# 1877022 —
The Building
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Year Built:1995
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Approx Age:30
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Construction:Pre-Owned
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Builder Name:NA
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Type:Two Story
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Exterior:Wood, Siding
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Exterior Features:Other - See Remarks
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Roofing:Metal
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Foundation:Slab
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Total SqFt:15002
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SqFt Source:Appsl Dist
Interior
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Flooring:Other
Location
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Directions:Continue onto US-87 N. Destination will be on the right.
The Property
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Area:2510
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Legal Desc-Lot:10
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Lot Size:1.884
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Zoning:CQ
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Price Per SqFt:$193.30
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Property ID:1513300000100
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Total Taxes:$4,649.58
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Taxed by Multiple Counties:No
Heating & Cooling
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Heat:Central
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Heating Fuel:Electric
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Air Conditioning:One Central
Utilities
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Meters:Other
Schools
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Elementary School:Comfort
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Middle School:Comfort
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High School:Comfort
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School District:Comfort
The Community
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Subdivision:COMFORT NORTH
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COMFORT NORTHSubdivision:
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HOA:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/19/25
Jun 19, 2025
|
Listed / Active | SABOR | $2,900,000 |
