# 408 Live Oak St, Marlin, TX 76661

> **TL;DR:** residential multi family, $225,000.
> A/C. Est. $975/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $225,000 |
| Lot Size | 20,038 sqft (0.46 acres) |
| Stories | 1 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $975 |
| **Total** | **$975** |

## Nearby Schools

- **Elementary:** Marlin
- **Middle:** Marlin
- **High:** Marlin

## Key Amenities

- A/C

## Property Highlights

- 0.46 acre lot
- 5 parking spaces

## Description

### Agent Description
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.

## Location

- **Address:** 408 Live Oak St, Marlin, TX 76661
- **County:** Falls
- **Neighborhood:** Oakes
- **Coordinates:** 31.305791, -96.891816
- **Google Maps:** https://www.google.com/maps?q=31.305791,-96.891816

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/instaview/ntreis/21295394

## Listing Agent

- **Name:** Mercedes Lane
- **Brokerage:** Agents Of Texas, LLC
- **Phone:** 817-501-2996

## Primary Photo

![408 Live Oak St - Primary Photo](http://lh.rdcpix.com/cb37c39622ae53b59f7210ec331425ebl-f2908454646r.jpg)

*15 total photos available on [listing page](https://www.propertysimple.com/listing/408-live-oak-st-marlin-tx-76661-21295394)*

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**MLS#:** 21295394 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/408-live-oak-st-marlin-tx-76661-21295394)

---

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