1871 State Highway 132, Natalia, TX

$849,999

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About 1871 State Highway 132

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.

Features of 1871 State Highway 132

MLS® # 1939647
Price $849,999
Number Of Units 8
Acres 0.00
Year Built 1951
Type Commercial
Sub-Type Apartments
Status Active

Community Information

Address 1871 State Highway 132
City Natalia
County Medina
State TX
Zip Code 78059

Multi-Unit Information

Gross Income $129,600
Net Operating Income $108,167

Amenities

Amenities Outside Storage
Utilities Electricity, Water, Sewer
Parking Spaces 11

Interior

Heating Individual Meters, Other
Cooling Wall, Other
# of Stories 2.0
Stories 2

Exterior

Roof Metal
Construction Brick, Stone, Stucco, Rock/Stone Veneer
Foundation Slab

School Information

District Natalia

Additional Information

Date Listed February 6th, 2026
Days on Market 157
Zoning NA
Short Sale No
Cap Rate 12.73
Gross Rent Multiplier 6.56
Estimated Taxes $7,545

Listing Details

AgentNikki Moore
OfficeTriPoint Realty LLC
Contact Info(512) 529-6680

Listing Map

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