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203 Us Highway 87, 
Comfort, TX 78013

$2,900,000


Bed


Bath


15,002

Sq Ft


Multi-Family

Active

Listed by

Timothy Warlow

Keller Williams Boerne

830-816-3500

Last updated:

June 19, 2025, 04:20 PM

MLS#

1877022

Source:

SABOR

About This Home

203 Us Highway 87

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.

Home Facts

Multi-Family

Built in 1995

Price Summary

2,900,000

$193 per Sq. Ft.

MLS #:

1877022

Last Updated:

June 19, 2025, 04:20 PM

Added:

a year ago


Rooms & Interior

Interior

Living Area:

15,002 Sq. Ft.


Structure

Structure

Building Area:

15,002 Sq. Ft.

Year Built:

1995


Lot

Lot Size (Sq. Ft):

82,067


Finances & Disclosures

Finances

Price:

$2,900,000

Price per Sq. Ft:

$193 per Sq. Ft.

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