112 Blue Ridge, Comfort, TX 78013

$874,000

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List Price
$874,000
Price Change
▼ $25,000 1777417232
MLS#
1943257
Status
ACTIVE
Number of Units
8
County
Kendall
City
Comfort
Subdivision
Out/Comfort

Property Description

8-Unit Multifamily Investment Opportunity in Comfort, TX - Now Offered at $874,000 Price Improvement + New Roof Being Installed. Well-located 8-unit property offering steady in-place income with strong upside potential. Units average approximately $950/month with documented operating history and an estimated NOI of ~$55,500. The recent pricing adjustment aligns with current investor underwriting, while the new roof significantly reduces near-term capital expenditures and enhances long-term investment stability. Situated within the town of Comfort, the property benefits from consistent rental demand, convenient access, and long-term growth in the Hill Country region. The offering includes an adjacent parcel providing additional site control, flexibility, and future potential. Ideal for private investors, 1031 exchange buyers, or owner-operators seeking a well-positioned multifamily asset. Financial information available upon execution of NDA and qualification.

Additional Information

Days on Market
157
Builder Name
Unknown
Cooling
Unit Central
Heating
Central
Exterior
Brick
Roof
Composition
Floor
Laminate
School District
Comfort
Elementary School
Comfort
Middle School
Comfort
High School
Comfort

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Ernesto Villarreal (evillarreal@phyllisbrowning.com) from Listing Office: Phyllis Browning Company.

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