319 W Main St 4 Unit Apartment Building Offered at $333,895 CAD at a 11.91% Cap Rate Bishop, TX 78343

TURNKEY, fully furnished property offering approximately 2,200 sq ft of flexible living space across four separate living areas on 0.40 acres. A rare opportunity to own a spacious home with exceptional flexibility for multi-generational living, private guest accommodations, homeschooling, remote work, or income-producing rentals.
The main residence features 999 sq ft with 2 bedrooms, 1 updated bath, and a spacious upstairs loft ideal as a third bedroom, office, or media room. Attached is an approximately 575 sq ft private suite with kitchenette and walk-in shower that can remain connected to the home or function as its own private living space with a separate entrance.
Two detached living areas include the approximately 228 sq ft Cobblers Barn studio and an approximately 400 sq ft garage apartment with full kitchen, bedroom, bath, and separately metered electric, water, and gas service.
Currently owner occupied while operating as a successful Airbnb, the property has generated over $40,000 annually from three rental units. Continue the successful rental business, offset your mortgage by renting one, two, or three living areas while living on-site, accommodate extended family, or lease all four for maximum income potential.
Additional features include eight parking spaces, an oversized garage with extra storage, durable vinyl plank and tile flooring, efficient window-unit A/C systems, and a large partially shaded backyard.
Located in the highly regarded Bishop school district, enjoy the quiet charm and lower property taxes of small-town living just 10 minutes from Kingsville and approximately 30 minutes from Corpus Christi, with convenient access to shopping, dining, healthcare, Texas A&M-Kingsville, Naval Air Station Kingsville, Celanese, and major regional employers.
A truly one-of-a-kind property offering flexibility, privacy, and outstanding income potential.