106 Bluebonnet Street

Gatesville, TX 76528

$650,000

4,352 sq ft
0.2 acres
Built 2004

Listed by UCRE - Heart of Texas Land & Home · MLS #595652

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106 Bluebonnet Street, Gatesville, TX 76528 · MLS #595652

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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Designed with tenant comfort in mind, each unit includes a private fenced backyard and covered patio, amenities that contribute to strong rental appeal and long-term occupancy.

Year built

Built in 2004.

Property size

0.2 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Well-maintained quadplex located at 106 Bluebonnet Street in Gatesville, Texas. This fully occupied multifamily property features four spacious units, each offering approximately 1,088 square feet with a 3-bedroom, 2-bath floor plan, full kitchen, comfortable living area, and a convenient first-floor bedroom. Designed with tenant comfort in mind, each unit includes a private fenced backyard and covered patio, amenities that contribute to strong rental appeal and long-term occupancy.

The property has been consistently maintained, including the installation of a new roof in 2022. With full occupancy and continued demand for rental housing in the Gatesville market, this property provides immediate income and long-term investment potential.

Conveniently located in an established residential neighborhood near schools, shopping, restaurants, and local services, the property benefits from a desirable location that supports tenant retention and future rental demand.

Whether expanding an investment portfolio or acquiring a multifamily property with established income, this quadplex combines stable occupancy, functional floor plans, private outdoor space, and a strong Central Texas location.

Shown by exterior viewing only. Please do not disturb tenants.

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THE NEIGHBORHOOD

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106 Bluebonnet Street, Gatesville, TX 76528

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THE DETAILS

The details, all in one place.

Property type: Residential
Category: Residential
Year built: 2004
Garage spaces: 0
Cooling: ThreeOrMoreUnits
Heating: MultipleHeatingUnits
Appliances: Dishwasher,ElectricCooktop,ElectricRange,Microwave,SomeElectricAppliances
Flooring: Carpet,CeramicTile,Tile,Vinyl
Utilities: ElectricityAvailable,TrashCollectionPublic
Fencing: BackYard,ChainLink,Fenced,Wood
Accessibility: None
Pool features: None
Spa: No
Subdivision: Golden Acres
Parcel: 112536
Elementary school: Gatesville
High school: Gatesville

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—

Estimated monthly rent$2,708.33

Cap rate—

Annual operating income: —

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Purchase price

Rental income & operating costs

Estimated monthly rent

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Vacancy allowance (%) Management fee (%) Maintenance reserve (%) Capital reserve (%)

Annual property tax

Annual insurance

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Monthly HOA

Other monthly costs

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

Down payment (%) Interest rate (%) Loan term

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Listing information

MLS #595652 · Central Texas MLS

Listing brokerage: UCRE - Heart of Texas Land & Home
Listing agent: Glenda Hall

Listing status: Active. Record updated September 10, 2026. Confirm current availability and price with the listing agent.