Don’t miss this income producing commercial property featuring three garage apartment units (approximately 420 SF each), currently leased and generating rental income. Situated on a generous 0.43-acre tract, this property offers significant upside with the ability to add two additional units and ample space for future development, including additional rental units or a commercial building.
Whether you’re looking to expand your rental portfolio or capitalize on future development opportunities, this property delivers both immediate cash flow and long-term growth potential. Even better, it can be purchased individually, packaged with five additional investment properties, or combined with the neighboring income-producing barbershop and residential home for an even larger investment opportunity.
For sale
Price increase: $44.9K (7/14)
$219,900
408 Live Oak St, Marlin, TX 76661
--beds
--baths
2,800sqft
Multi Family
Built in ----
-- sqft lot
$220,100 Zestimate®
$79/sqft
$-- HOA
What's special
- 84 days
- 81
- 4
Zillow last checked:
Listing updated:
Listed by:
Mercedes Lane 746855,
Agents Of Texas, LLC 817-501-2996,
Cameron Gomez 0711443 817-501-2996,
Agents Of Texas, LLC
Source: NTREIS,MLS#: 21295394
Facts & features
Interior
Heating
- Central, Electric
Cooling
- Central Air, Electric, Window Unit(s)
Features
- Open Floorplan, Other
- Flooring: Carpet, Ceramic Tile
Interior area
- Total structure area: 2,800
- Total interior livable area: 2,800 sqft
Video & virtual tour
Property
Parking
- Total spaces: 5
- Parking features: No Garage, On Site, Open, Unpaved
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 0.46 Acres
Details
- Parcel number: 35406
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding, Metal Siding
- Foundation: Slab
- Roof: Metal
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: $79/sqft
- Annual tax amount: $4,682
- Date on market: 6/8/2026
- Cumulative days on market: 84 days
- Listing terms: Cash,Conventional
Estimated market value
$220,100
$209,000 - $231,000
$1,289/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Price change | $219,900+25.7%$79/sqft |
Source: NTREIS #21295394 Report a problem | ||
| 6/25/2026 | Price change | $175,000-20.4%$63/sqft |
Source: NTREIS #21295394 Report a problem | ||
| 6/15/2026 | Price change | $219,900-2.3%$79/sqft |
Source: NTREIS #21295394 Report a problem | ||
| 6/8/2026 | Listed for sale | $225,000$80/sqft |
Source: NTREIS #21295394 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 76661
Nearby schools
Schools provided by the listing agent
- Elementary: Marlin
- Middle: Marlin
- High: Marlin
- District: Marlin ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



