322 Capps1 St

3,821 Sq. Ft.
$59 / Sq. Ft.
3,821
Sq. Ft.
$59
per Sq. Ft.

Description

Investor alert and space seekers this one checks every box. Welcome to 322 Capps Street in Marlin, Texas, a rare opportunity to own a spacious 5 bedroom, 2.5 bath main home plus two detached, income producing apartments on the same property. The main residence offers generous square footage with room for large families, multi generational living, or house hacking. Multiple bedrooms, ample living space, and a functional layout make it ideal for owner occupants who want flexibility without sacrificing...Investor alert and space seekers this one checks every box. Welcome to 322 Capps Street in Marlin, Texas, a rare opportunity to own a spacious 5 bedroom, 2.5 bath main home plus two detached, income producing apartments on the same property. The main residence offers generous square footage with room for large families, multi generational living, or house hacking. Multiple bedrooms, ample living space, and a functional layout make it ideal for owner occupants who want flexibility without sacrificing comfort. Out back, the two detached apartments provide immediate upside, perfect for long term rentals, short-term stays, or extended family. Live in the main home while rental income offsets your mortgage, or add this to your portfolio as a strong cash-flow play in a growing Central Texas market. Located in Marlin with convenient access to Waco, Temple, and Bryan, College Station. This property delivers size, versatility, and income potential that’s hard to find at this price point. All information is deemed reliable but buyer and buyers agent to do their own due diligence.
  1. Listed by Jeb Bryant • TREC #0695868 • The Real Estate Power Houses • 817-296-1798
  2. Listed by Amanda Bryant • TREC #0736709 • The Real Estate Power Houses

Property Details for 322 Capps1 Street

Subdivision Name
Reed T D
Pool
No
Garage Spaces
0
Number Of Parking Spaces
6
LISTING UPDATED: 02/05/2026 08:10 PM

Property Details for 322 Capps1 Street

StatusActive
MLS #21172058
Days on Market1
Taxes$3,726 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multiple Single Units
Year Built1930
Lot Size0.33 AC / 14,374 SF
CountyFalls County

Location

Listing Courtesy of The Real Estate Power Houses, Jeb Bryant, TREC #0695868; The Real Estate Power Houses, Amanda Bryant, TREC #0736709
Add your commute

Building Information for 322 Capps1 Street

Stories2Residences3Year Built1930Building Size-Lot Size0.33 AC / 14,374 SF

Payment Calculator

$1,407 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,097

Property Taxes

$311

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 322 Capps1 Street

Summary
Location and General Information
  • Block: 1
  • Complex Name: Reed T D
  • Directions: Use GPS
  • Elementary School: Marlin
  • Elementary School Name: Marlin
  • High School: Marlin
  • High School Name: Marlin
  • Middle School: Marlin
  • Year Built Details: Preowned
  • School District: Marlin ISD
  • Geocode Confidence: Medium
  • Latitude: 31.31
  • Longitude: -96.89
  • State: Texas
Parking
  • Parking Features: Driveway
  • Carport Spaces: 0
  • Parking Spaces Covered Total: 0
Taxes and HOA Information
  • Tax Legal Description: S4030 REED T D BLK 1 LOT 4A-5B
  • Association Type: None
  • Tax Lot: 4A
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplace Features: Brick, Wood Burning
  • Fireplaces Total: 1
  • Flooring: Carpet, Luxury Vinyl Plank, Tile
  • Heating: Central, Electric
  • Interior Features: Cable TV Available, Eat-in Kitchen
  • Appliances: Dishwasher, Electric Range
  • Cooling: Central Air, Electric
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Appraiser
  • Construction Materials: Siding
  • Exterior Features: Covered Patio/Porch, Storage
  • Fencing: Chain Link
  • Foundation Details: Pillar/Post/Pier
  • Number Of Stories: 2
  • Roof: Composition
  • Waterfront: No
  • Number Of Units Total: 3
  • Patio And Porch Features: Covered
  • Levels: Two
Property
Utilities
  • Utilities: City Sewer, City Water
Property and Assessments
  • Accessibility Features: Accessible Approach with Ramp
  • Accessory Unit Type: Accessory Dwelling Unit (ADU)
  • Accessory Unit: Yes
  • Accessory Unit Square Feet: 715
  • Exclusions: All of owners personal belongings
  • Financing Proposed: Cash, Conventional, FHA-203K
  • Concessions YN: Yes
  • Handicap: Yes
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Features: Few Trees, Landscaped
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Acres: 0.33
  • Lot Size Area: 0.33
  • Lot Size Source: Appraiser
  • Lot Size Units: Acres
  • Lot Size Square Feet: 14374.8
  • Multi Parcel ID: No
  • Parcel Number: 32863
Multi Family
Multi-Family Information
  • Number Of Buildings: 2
  • Capitalization Rate: 444.44%
  • Gross Annual Expenses: $999,999
  • Gross Annual Income: $52,000
  • Insurance Expense: $999,999
  • Tenancy: Over 9 Months
  • Net Operation Income: $999,999.00
Unit 1
  • Approximate SQFT: 3106.0
  • Average Lease Amount: $2,200.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 1
  • Unit Type Type: 4 Bedroom Or More
  • Unit Type Units Total: 1
Unit 2
  • Approximate SQFT: 357.0
  • Average Lease Amount: $600.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 1
  • Unit Type Type: Studio
  • Unit Type Units Total: 1
Unit 3
  • Approximate SQFT: 358.0
  • Average Lease Amount: $600.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 1
  • Unit Type Type: Studio
  • Unit Type Units Total: 1

Property History for 322 Capps1 Street

DateEvent & SourcePriceAppreciation
Feb 5, 2026

Listed (Active)

NTREIS #21172058

$225,000
DateEvent & SourcePrice
02/05/2026

Listed (Active)

NTREIS #21172058

$225,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 322 Capps1 Street

This home is within Marlin Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Marlin Elementary School
PublicPK to 5

Marlin Middle
Public6 to 8

Marlin High School
Public9 to 12

Marlin Opportunity Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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322 Capps1 Street is a multi-family home for sale in Marlin, TX 76661. This property was listed for sale on February 5, 2026 by The Real Estate Power Houses, it's currently listed at $225,000. This listing's school district is Marlin Independent School District. Nearby schools include Marlin Elementary School, Marlin Middle and Marlin High School. 322 Capps1 Street is a 7-bed, 5-bath, 3,821 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Real Estate Power Houses, Jeb Bryant, TREC #0695868; The Real Estate Power Houses, Amanda Bryant, TREC #0736709

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2026] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.