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1316 Mary Street

Comanche, TX 76442

$675,000

16 units · 1967

Units16
Building area6,436 sq ft
Year built1967
Gross income$123,868/yr
Cap rate13.76% as listed
Parking48 spaces
Lot size1.639 acres
TypeApartment

What it costs to own

TaxesNot provided by the listing
HOANone listed
Operating expenses$37,299 per year — as listed
Insurance$2,142 per year — as listed
Net operating income$92,870 per year — as listed

About this home

Welcome to a rare investment opportunity: a 16-unit multifamily property located in the heart of Comanche, Texas, the county seat of Comanche County. This strategically positioned asset combines stable cash flow with the charm of a small Central Texas town. With 16 units, the property offers meaningful scale while remaining manageable. In small markets like Comanche, long-term tenants are common, reducing vacancy risk. The city’s stable population, modest income levels, and moderate home values create consistent demand for quality rental housing. This 16-unit complex has been consistently well maintained, reflecting attentive ownership and stable long-term operations. Hold for cash flow or reposition with improvements and reappraise — small-town multifamily often benefits from value-add plays and long-term steadiness. This 16-unit multifamily property in Comanche, Texas, represents a compelling blend of stable income, value-add potential, and community-driven demand. For investors looking to diversify into a low-cost, small-market multifamily play with long-term upside, this asset offers a rare opportunity in Central Texas.

The details

HeatingCentral, Heat Pump
CoolingCentral Air, Electric
FlooringCarpet
AppliancesDishwasher
Interior featuresHigh Speed Internet Available

Construction materialsBrick, Siding
RoofComposition
FoundationSlab

Water sourceCity Water
ElectricElectricity Connected

SubdivisionDuncan

ElementaryComanche
Middle schoolComanche
High schoolComanche
DistrictComanche ISD

Gross income$123,868 per year
Operating expenses$37,299 per year
Insurance$2,142 per year
Cap rate13.76% — as listed
Net operating income$92,870 per year

MLS #21343318
Source
On the marketListed today
CountyComanche

Around this home

One moment…

Everyday life

Nearest groceryAldi · 29 mi
Nearest parkYoho Park · 24 mi

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Listing courtesy of Fore Premier Properties — Daniel Edelstein.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21343318. Information last updated July 28, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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