About 112 Blue Ridge
8-Unit Multifamily Investment Opportunity in Comfort, TX - Now Offered at $874,000 Price Improvement + New Roof Being Installed. Well-located 8-unit property offering steady in-place income with strong upside potential. Units average approximately $950/month with documented operating history and an estimated NOI of ~$55,500. The recent pricing adjustment aligns with current investor underwriting, while the new roof significantly reduces near-term capital expenditures and enhances long-term investment stability. Situated within the town of Comfort, the property benefits from consistent rental demand, convenient access, and long-term growth in the Hill Country region. The offering includes an adjacent parcel providing additional site control, flexibility, and future potential. Ideal for private investors, 1031 exchange buyers, or owner-operators seeking a well-positioned multifamily asset. Financial information available upon execution of NDA and qualification.
Features of 112 Blue Ridge
| MLS® # | 1943257 |
|---|---|
| Price | $874,000 |
| Number Of Units | 8 |
| Acres | 0.00 |
| Type | Multi-Family (2-8 Units) |
| Sub-Type | Two Story |
| Status | Active |
Community Information
| Address | 112 Blue Ridge |
|---|---|
| Subdivision | OUT/COMFORT |
| City | Comfort |
| County | Kendall |
| State | TX |
| Zip Code | 78013 |
Multi-Unit Information
| Gross Annual Income | $84,947 |
|---|---|
| Net Operating Income | $55,017 |
| Annual Operating Expense | $29,930 |
| Operating Expense Includes | Taxes, Insurance, Maintenance, All Utilities, Management |
Unit 1 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Bathrooms (Half) | 1 |
| Parking Spaces | 2 |
| Parking Type | Carport |
| Handicap Access | NO |
| Rent | $900 |
| Occupied | YES |
| Includes | Oven/Stove, Dishwasher, Refrigerator |
Unit 2 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Bathrooms (Half) | 1 |
| Parking Spaces | 2 |
| Parking Type | Carport |
| Handicap Access | NO |
| Rent | $900 |
| Occupied | YES |
| Includes | Oven/Stove, Dishwasher, Refrigerator |
Unit 3 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Bathrooms (Half) | 1 |
| Parking Spaces | 2 |
| Parking Type | Carport |
| Handicap Access | NO |
| Rent | $900 |
| Occupied | YES |
| Includes | Oven/Stove, Dishwasher, Refrigerator |
Unit 4 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Bathrooms (Half) | 1 |
| Parking Spaces | 2 |
| Parking Type | Carport |
| Handicap Access | NO |
| Rent | $900 |
| Occupied | YES |
| Includes | Oven/Stove, Dishwasher, Refrigerator |
Unit 5 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Bathrooms (Half) | 1 |
| Parking Spaces | 2 |
| Parking Type | Carport |
| Handicap Access | NO |
| Rent | $900 |
| Occupied | YES |
| Includes | Dishwasher, Oven/Stove, Refrigerator |
Unit 6 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Bathrooms (Half) | 1 |
| Parking Spaces | 2 |
| Parking Type | Carport |
| Handicap Access | NO |
| Rent | $900 |
| Occupied | YES |
| Includes | Dishwasher, Oven/Stove, Refrigerator |
Unit 7 Information
| Parking Type | Carport |
|---|---|
| Includes | Dishwasher, Oven/Stove, Refrigerator |
Unit 8 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Bathrooms (Half) | 1 |
| Parking Spaces | 2 |
| Parking Type | Carport |
| Handicap Access | NO |
| Rent | $900 |
| Occupied | YES |
| Includes | Dishwasher, Oven/Stove, Refrigerator |
Amenities
| Has Pool | No |
|---|
Interior
| Heating | Central |
|---|---|
| Cooling | Unit Central |
| Has Basement | No |
Exterior
| Exterior | Brick |
|---|---|
| Roof | Composition |
| Foundation | Slab |
School Information
| District | Comfort |
|---|---|
| Elementary | Comfort |
| Middle | Comfort |
| High | Comfort |
Additional Information
| Date Listed | February 21st, 2026 |
|---|---|
| Days on Market | 142 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 6.29 |
| Gross Rent Multiplier | 10.29 |
| Estimated Taxes | $6,471 |
Listing Details
| Agent | Ernesto Villarreal |
|---|---|
| Office | Phyllis Browning Company |
| Contact Info | (210) 912-6290 |