Courtesy of: Rick Ott, Homestead Real Estate, Rick@ottgrouprealty.com
Courtesy of: Rick Ott, Homestead Real Estate, Rick@ottgrouprealty.com
$450,000
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8 bed
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Lot: 0.25 Acres
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Apartment
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$450,000
1203 Urbantke Court A-H Welcome to 1203 Urbantke Lane – a partially occupied 8-unit multifamily property with excellent potential for increased cash flow and long-term value. Each unit features 1 bedroom and 1 bathroom, making them ideal for local tenants including military personnel, traveling professionals, and individuals seeking affordable housing near Fort Cavazos. Set on a generous lot in an established neighborhood, the property offers ample parking, a low-maintenance brick exterior, and easy access to schools, shopping, and major employers. Each unit is equipped with a separate water meter, offering flexibility in utility billing and the potential to reduce operating costs. With several occupied units and room to increase both occupancy and rental rates, this is a solid opportunity for investors looking to add value through updates and strategic management. Property Highlights: 8 total units – each 1 bed / 1 bath Separate water meters for each unit Strong rental demand in the area Convenient location near Fort Cavazos Brick exterior on a spacious lot Ample off-street parking and green space Whether you're an experienced investor or looking to expand your portfolio, 1203 Urbantke Lane is a smart value-add opportunity with strong upside potential.
Courtesy of: Rick Ott, Homestead Real Estate, Rick@ottgrouprealty.com
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