Seller Financing - Lease to Own
200 Matthews, Bowie, TX
$ 275,000
Property Attributes
  • MLS#20585305
  • TypeMulti-Family
  • CountyMONTAGUE
  • CityBowie
  • NeighborhoodTe&L Co Survey Acres
  • Zip76230
  • StyleMultiple Single Units
  • Price$ 275,000
  • Bedrooms12
  • Full Bathrooms12
  • Half Bathrooms0
  • Lot Size1.32 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Here is one of my development plans for a true vintage tiny home community and b&b. Very rare 1909 Texas electric train car in place to build out a unique b&b experience All blueprints will be approved in 2 week by the city for this development. Original gulf depot building to be community clubhouse Very expensive Gulf porcelain and neon comes with it! A few blocks from downtown Bowie Tx and one mile off major highway 287 The picture of house is the plans we have. We own another development around the corner that’s doing great along with a brand new rv park in Bowie as well! ? We can provide a build cost and spreadsheet for buyer and can do the build if needed. Will possible owner finance if needed

Elementary School
Bowie Elementary School
Price History
4/11/2024 Listed $275,000

General Features

Heating Central,Electric
Complex Name GULF DEPOT
Cooling Central Air,Electric
Utilities All Weather Road,Asphalt,Cable Available,City Sewer,City Water,Community Mailbox
Possession Closing/Funding
Roof Composition,Other
Appliances Dishwasher,Disposal,Electric Range,None
School District Bowie ISD
Capitalization Rate 61.82
Year Built 2024
Levels One
Will Subdivide Subdivided
Gross Annual Expenses 172800.00
Property SubType Multiple Single Units
Subdivision Name TE&L CO SURVEY ACRES:
Insurance Expense 2800
County Montague
Property Type Residential Income
Construction Materials Concrete,Frame,Wood
Year Built Details New Construction - Incomplete
HOA Type None
# of Buildings 12
Status Active
City Bowie
Buyer Agent Compensation 3
Elementary School Name Bowie
High School Bowie
Street Name MATTHEWS
Elementary School Bowie
Virtual Tour URL Unbranded
Standard Status Active
Junior High School Bowie
Buyer Agent Compensation Type %

Interior Features

Interior Features Other
Flooring Laminate,Other
Total Units 12
Unit Count 1
Lock Box Type Combo

Exterior Features

Parking Features Asphalt,No Garage,On Site,Parking Pad,None
Foundation Slab
Lot Size Area 1.3200
Number Of Parking Spaces 12
Lot Size Units Acres
Building Area Total 1.32
Lot Size Square Feet 57499.2000
Lot Size Acres 1.3200


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 76230

AVG $790K
AVG 152
Data Provided by Inside Real Estate®
Year Built
AVG 2023

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