
1 Acre of Improved Mixed-Use Land for Sale in Bowie, Texas
802 Old Wise Rd, Bowie, TX 76230
This is your chance to capitalize on a brand-new multifamily development in the heart of Bowie! Three of these upscale 1-bedroom, 1.5-bath lofts are already leased, with 14 additional units approved and ready to be built. Each 600 sq. ft. loft is designed with an open-concept layout, high-end finishes, stainless steel appliances, and modern styling that appeals to working professionals and lifestyle renters. With projected rents of $1,200 per month per unit, this property has a potential annual gross income of $259,200. All units are built to city code, and all concrete work has already been completed, saving time and capital on development. Located near local shops, dining, and community events, this property offers excellent tenant appeal and long-term appreciation potential. Whether you're seeking cash flow or a strong addition to your portfolio, this turnkey project offers both.
Location
- Street address
- 802 Old Wise Rd
- County
- Montague County
- Community
- Allsups State Hwy 59
- Elevation
- 1,105 feet
Directions
81 N, Make left on Old Wise Road. Lofts are on the left.
Property details
- Acreage
- 1.03 acres
- MLS #
- NTREIS 21055518
- Posted
Parcels
- R000013666
Legal description
ACRES: 1.030 AB 785 BLK 2857 TE&L CO
Resources
Details and features
Listing
- Type
- Commercial Sale
- Subtype
- Business
Exterior
- Parking
- Assigned
Structure
- Condition
- New Construction
- Heating
- Central
- Cooling
- Central Air, Multi Units, Wall Unit(s)
- Materials
- Concrete, Frame, Metal Siding
- Roof
- Metal
Interior
- Flooring
- Ceramic Tile, Tile
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 22, 2025 | Price drop | $1,200,000 | $100,000 -7.7% | NTREIS |
| Sept 16, 2025 | New listing | $1,300,000 | — | NTREIS |


















