MLS# 1939647 – 1871 State Highway 132, Natalia, TX 78059

Price: $849,999
Status: Active
Property Type: Apartments
Year Built: 1951
Days on Website: 38

Courtesy of TriPoint Realty LLC, Nikki Moore (210) 607-0700

Property Description

Turnkey 8-Unit Income Property Short-Term or Long-Term Flexibility Workshop On-Site Welcome to a rare multi-unit investment opportunity designed for maximum versatility and serious income potential. Located at 1871 State Hwy 132 in Natalia, this fully furnished and updated property features 8 total rental units, offering the freedom to operate as short-term rentals, long-term rentals, or a hybrid of both. The unit mix includes: 2 two-bedroom / one-bath units 2 one-bedroom / one-bath apartments 4 studio apartments Every unit comes fully furnished and refreshed, making this a true turnkey asset ready for immediate operation. Adding even more value, the property includes an on-site workshop, opening the door for storage, maintenance, creative workspace, or business use. This setup is ideal for an investor seeking eight separate income streams or an owner-operator who wants the option to live on site while managing the property. Property can also be sold with MLS #1939623 located next door as one transaction. That property includes one commercial business use space plus two adorable cottages for additional rental income.

Open House

Property Details and Features

  • Listing
  • Listing date: 2026-02-06 06:00:00
  • 38 days on market
  • 38 cumulative days on market
  • Location
  • County: Medina
  • Area: 3100
  • Building
  • Built in 1951
  • Approximate age: 75
  • Building/center name: NA
  • Brick
  • Stone
  • Stucco
  • Rock/Stone Veneer
  • 2 stories
  • 3 buildings
  • Foundation
  • Slab
  • Roof
  • Metal
  • Amenities
  • Outside Storage
  • Interior Features
  • Ceiling height: 9
  • Cooling
  • Wall
  • Other
  • Heating
  • Individual Meters
  • Other
  • Property
  • Zoning: NA
  • Schools
  • School district: Natalia
  • Miscellaneous
  • Gross income: 129600.00
  • Net operating income: $108,167
  • Monthly lease: $0
  • None
  • Forecast
  • None
  • No
  • Other
  • Maintenance: 2500.00
  • 8 rentals
  • 11 parking spaces
  • 8 units
  • Other tax: 868.14
  • Taxes
  • Total tax: $7,545
  • Annual tax: $7,544
  • City tax: $1,575
  • County tax: $1,589
  • $3,513 school tax
  • Property Tax ID: 0001000020001118896
  • Utilities
  • Gas and electric: 6500.00
  • Electricity
  • Water
  • Sewer

Property Map

$849,999 – 1871 State Highway 132, Natalia, TX 78059

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