4061 County Road 676

4061 County Road 676, Devine, TX 78016

Property Information

  • For Sale $450,000
  • Property Type Multi-Family
  • Property Size 17,799 SF
  • Units 28
  • Lot Size 3.75 Acre
  • Year Built 1986
  • Date Updated Apr 28, 2026

Description

Located just 35 minutes southwest of San Antonio, Devine, TX offers a strong blend of affordability, steady rental demand, and small-town stability. The area benefits from proximity to major employers along the I-35 corridor, a growing workforce population, and limited multifamily competition—creating consistent occupancy for well-positioned properties. Devine’s community amenities, schools, and quick access to San Antonio’s retail, healthcare, and job centers make it an attractive market for both renters and long-term investors looking for reliable performance in a lower-cost submarket.Devine, TX – 28-Unit Value-Add Multifamily: Appraisal of $1.1m (ARV), this 3.75-acre property includes 28 total 1BR/1BA units—two of which are mobile homes—all on year leases with no tenants behind on rent. Current performance reflects 10 occupied units generating $6,150 in monthly income. The asset requires a substantial clean-out and standardized renovation plan, with 5–6 dumpsters recommended, and offers strong upside through Section 8 lease-up, proven rent collections, and additional value creation opportunities such as a future laundromat or added units on-site.

Highlights

  • 28-unit value-add multifamily on 3.75 acres
  • All units 1BR/1BA; two mobile homes included
  • Appraised at $1.1M (ARV)
  • Current: 10 leased, $6,150/mo income
  • Heavy remodel + cleanup; expansion potential

Contacts

Jonathon Webster

Caisson Real Estate Brokerage

Location

Located at 4061 County Road 676, Devine, TX 78016, this property is part of the Devine neighborhood.

Contact Listing Broker
Jonathon Webster

Caisson Real Estate Brokerage

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