Marfa TX Multi Family for Sale
$1,500,000
119 W Lincoln St Marfa, TX 79843
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- 153121
- Subdivision:
- Original Town
ADDITIONAL INFORMATION
119 West Lincoln Street is a profitable multi-family compound comprised of 3 structures on a 7500 square-foot lot with premier location on the Courthouse Square and views of two of Marfa's most architecturally-significant buildings: the Presidio County Courthouse and the First Christian Church. Run as a successful business for years, the property has both short and long-term rental income, is zoned Multifamily, and all buildings have been extensively renovated; a rare turn-key opportunity.
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Marfa Real Estate
The median home value in Marfa, TX is $182,400. This is higher than the county median home value of $100,940. The national median home value is $338,100. The average price of homes sold in Marfa, TX is $182,400. Approximately 45.29% of Marfa homes are owned, compared to 24.7% rented, while 30.01% are vacant. Marfa real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Marfa real estate agent to arrange a tour today!
Marfa, Texas has a population of 1,838. Marfa is less family-centric than the surrounding county with 8.84% of the households containing married families with children. The county average for households married with children is 12.88%.
The median household income in Marfa, Texas is $39,604. The median household income for the surrounding county is $26,395 compared to the national median of $69,021. The median age of people living in Marfa is 52.4 years.
Marfa Weather
The average high temperature in July is 88.1 degrees, with an average low temperature in January of 26.9 degrees. The average rainfall is approximately 16.4 inches per year, with 1.4 inches of snow per year.