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1 Acre of Improved Mixed-Use Land for Sale in Bowie, Texas

802 Old Wise Rd, Bowie, TX 76230

$1,200,000
1 acre
Active
$100k drop
Est $7,510/mo

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.

600
Sq feet
2025
Built

Location

Street address
802 Old Wise Rd
Community
Allsups State Hwy 59
Elevation
1,105 feet
Coordinates
33.5622, -97.857

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

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

DateEventPriceChangeSource
Oct 22, 2025Price drop$1,200,000$100,000 -7.7%NTREIS
Sept 16, 2025New listing$1,300,000NTREIS
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This 1.03-acre property is located at 802 Old Wise Rd in Bowie, TX 76230. The property is available for sale for $1,200,000. It has a 600 sq ft structure built in 2025.

Checked 3 mins ago — Updated

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