For sale

Price cut: $44.9K (6/25)

$175,000

408 Live Oak St, Marlin, TX 76661

--beds

--baths

2,800sqft

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Multi Family

Built in ----

-- sqft lot

$-- Zestimate^®

$63/sqft

$-- HOA

What's special

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.

32 days

293

11

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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

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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: $63/sqft
Annual tax amount: $4,682
Date on market: 6/8/2026
Cumulative days on market: 33 days
Listing terms: Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

$1,126/mo

Price history

Date	Event	Price
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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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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