For sale

Price cut: $10K (9/23)

$209,900

406 Live Oak St, Marlin, TX 76661

2beds

--baths

3,493sqft

$1,706/mo

Get pre-qualified

Multi Family, Apartment

Built in ----

-- sqft lot

$221,100 Zestimate^®

$60/sqft

$-- HOA

What's special

Excellent street exposure

Don’t miss this unique investment property offering strong income potential and outstanding visibility on a high traffic roadway. The front portion of the property features an approximately 2,400 SF commercial space currently operating as a barbershop, while the attached rear residence offers a 2-bedroom, 1,200 SF home that is available for lease, creating an additional revenue opportunity. With excellent street exposure, steady traffic counts, and flexible income-producing possibilities, this property is ideal for investors looking to expand their portfolio with a mixed-use asset. Whether you’re seeking immediate cash flow, future value-add potential, or a strategic location, this property checks all the boxes. Even better, this property may be purchased individually or packaged with up to five additional investment properties, providing a rare opportunity to scale your portfolio and maximize returns.

128 days
33
2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2

Heating

Central, Electric

Cooling

Central Air, Electric

Features

Open Floorplan
Flooring: Concrete, Ceramic Tile, Laminate

Interior area

Total structure area: 3,493
Total interior livable area: 3,493 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 4
Parking features: Common, Concrete, Parking Pad

Accessibility

Accessibility features: Accessible Doors

Features

Levels: Two
Stories: 2
Pool features: None

Lot

Size: 10,018 Square Feet

Details

Parcel number: 37262

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Apartment

Materials

Concrete
Foundation: Slab
Roof: Composition

Condition

Resale

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Sewer Available, Water Available

Community & HOA

Community

Subdivision: Oakes

HOA

Has HOA: No

Location

Region: Marlin

Financial & listing details

Price per square foot: $60/sqft
Tax assessed value: $96,730
Annual tax amount: $2,794
Date on market: 6/8/2026
Cumulative days on market: 128 days
Listing terms: Cash,Conventional

Estimated market value

$221,100

$210,000 - $232,000

$1,127/mo

Price history

Date	Event	Price
9/23/2026	Price change	$209,900-4.5%$60/sqft
Source: NTREIS #21295316 Report a problem
7/14/2026	Price change	$219,900+25.7%$63/sqft
Source: NTREIS #21295316 Report a problem
6/25/2026	Price change	$175,000-20.4%$50/sqft
Source: NTREIS #21295316 Report a problem
6/15/2026	Price change	$219,900-2.3%$63/sqft
Source: NTREIS #21295316 Report a problem
6/8/2026	Listed for sale	$225,000$64/sqft
Source: NTREIS #21295316 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$96,730
2024	$2,752 +24.8%	$96,730 +25.2%
2023	$2,205 +5.2%	$77,250 -4.5%
2022	$2,095 +7.9%	$80,860 +18%
2021	$1,941	$68,500 +76.1%
2020	--	$38,900
2019	$1,540	$38,900
2018	--	$38,900
2017	--	$38,900
2016	--	$38,900
2015	--	$38,900
2014	--	$38,900
2012	--	$38,900
2011	--	$38,900
2010	--	$38,900
2009	--	$38,900 +9.1%
2008	--	$35,650
2007	--	--