6430 E US Highway 84

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Address: 6430 US-84, Leon Junction, TX 76528, USA
Texas + Apartment Buildings
Created date: April 29, 2026
Date last updated: September 29, 2026
Price: $437,500Investment Analyzer NEW!

Property Description

Owner Financing available with approved credit. Income-producing property situated on 2.77 acres with excellent highway frontage and future expansion potential. This beautiful tract with mature trees features a perimeter fence and two separate entrances along Hwy 84, offering convenience and flexibility for multiple residences. The property currently includes two tenant-occupied homes providing immediate rental income: - Manufactured home: 3 bedrooms, 2 baths, two living areas, plus a bonus space in the primary suite. Currently leased for $1,400/month. - Remodeled residence: 2 bedrooms, 1 bath, recently updated inside and out with modern finishes. Currently leased for $1,300/month. Mountain Water Supply has indicated availability for two additional water meters (buyer to verify), creating strong potential for added rental units or future development. The acreage offers ample space for expansion while maintaining privacy. Located outside city limits yet just minutes from Gatesville, with convenient access to Waco, Temple, Killeen, and Fort Hood. Excellent opportunity for investors seeking immediate cash flow with room to grow.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $437,500
Year Built: 1965
Lot Size: 2,608.00 Sq ft
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 6430 E US Highway 84, Gatesville, TX 76528, USA
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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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