1023-1215 Depot Court | Rainbow, TX 76077
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This Multifamily Property is no longer advertised on LoopNet.com.
1023-1215 Depot Court
Rainbow, TX 76077
RIVERSIDE COTTAGES · Multifamily Property For Sale
·
15 Units

INVESTMENT HIGHLIGHTS
- Three units offer washer and dryer connections, and there is a centrally located space on the property that presents an ideal opportunity.
- Each unit is equipped with individual water heaters and plumbing systems consisting of PVC and PEX piping.
- Rainbow is situated along U.S. Highway 67, providing direct access to Glen Rose and Granbury. It’s approximately 51 miles southwest of Fort Worth.
- The asset is improved with durable metal roofing over a concrete slab foundation and features standalone HVAC systems throughout.
- Strong current rents with approximately 15% upside potential.
PROPERTY FACTS
| No. Units | 15 | Lot Size | 0.50 AC |
| Property Type | Multifamily | Building Size | 11,326 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 2000 |
| Building Class | C | ||
| Zoning | Commercial - Commercial | ||
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.50 AC |
| Building Size | 11,326 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| Zoning | Commercial - Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
LINKS
PROPERTY TAXES
| Parcel Number | R000015347 | Improvements Assessment | $103,750 |
| Land Assessment | $17,500 | Total Assessment | $121,250 |
PROPERTY TAXES
Parcel Number
R000015347
Land Assessment
$17,500
Improvements Assessment
$103,750
Total Assessment
$121,250
Listing ID: 35969434
Date on Market: 5/23/2025
Last Updated:
Address: 1023-1215 Depot Court, Rainbow, TX 76077
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