Description
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.
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0BEDS
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0.25ACRES
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0BATHS
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01/2 BATHS
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4,250SQFT
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$106$/SQFT
School Information
© 2025 Central Texas MLS.
Listing courtesy of Rick Ott of Homestead Real Estate: (254) 238-7021.
Description
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.
© 2025 Central Texas Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Oaks of Texas Real Estate. Data last updated: 2025-12-13T08:05:54.34.