About This Home

This 0-bedroom, 0-bathroom multi-family at 6430 E US Highway 84 in Gatesville, TX is listed for $437,500 ($168 per sqft). Built in 1965, the home offers 2,608 sqft of living space on a 2.77 acres lot.

Key Features

  • Built in 1965
  • 2.77 acre lot
  • Fireplace

Property Details

1 story
1965

Amenities

FireplaceA/C
Listing 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.

Monthly Cost Estimate

$2,340/mo

20% down · 6.5% · 30 years

Principal$316
Interest$1,896
Insurance$128

Estimates only. Actual payments may vary.

Location

6430 E US Highway 84

Gatesville, TX 76528

J B Smith

Property Details

Heating

Fireplace(s)CentralElectric (Heating)

Cooling

ElectricCentral Air

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 6430 E US Highway 84 is listed at $437,500 ($168/sqft). The estimated monthly payment is $2,340 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1965, 2.77 acre lot, Fireplace.

This property is listed by Shelley Herring and can be reached at 2548653675.

SH

Shelley Herring

License 0674589

Agent at Tejas Real Estate

(254) 865-3675
Agent website

Listed by Tejas Real Estate · Broker phone: (254) 865-8954 · View on Broker Site · Broker website

MLS# 612162· Source: Central Texas Multiple Listing Service· 136 days on PropertySimple

Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

6430 E US Highway 84, Gatesville, TX 76528

Open this listing in: