Address
1301 Pierre Street Texarkana, TX
Price
$ 1,250,000
Property Attributes
  • MLS#14447780
  • TypeMulti-Family
  • CountyBOWIE
  • CityTexarkana
  • AreaNO SUB-AREA
  • NeighborhoodHoskins & Smelser Headright Su
  • Zip75501
  • StyleMUL-Apartment/5Plex+
  • Year Built1982
  • Taxes16349
  • Price$ 1,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage18104
  • Lot Size0.94 Acres
Listing Provided Courtesy Of:
Emmanuel Ikharebha with Coldwell Banker Realty
Property Description

THIS PROPERTY IS A PORTFOLIO SALE WITH MLS #14447776 A diamond in the rough investment property in heart of Texarkana. La Tierra apartments is a Value add investment opportunity that has consistently maintain over 95% occupancy and is minutes away from Texarkana college and all the major shopping. This 24 units two story complex consisting of four building was built in 1982. The property feature a mixture of 16 two bedrooms and 8 one bedrooms each individually metered for electric with surface parking. Rental increases have not been made to keep up with the market rent and the property is currently self managed.

Elementary School Middle School High School
Westlawn Elementary School Texas Middle School Texas High School
Price History
10/6/2020 Listed $1,250,000

General Features

# of Buildings 2
Block 25A
Complex Name La Tierra Apartment
Construction Materials Frame/Brick Trim, Siding
HOA Type None
Heating Central Air-Elec, Central Heat-Gas
Interior Features Cable TV Available, Other
Listing Area EAST OF SERVICE AREA (800)
Other Equipment Range/Oven-Electric
Property Type Multi-Family
Remarks THIS PROPERTY IS A PORTFOLIO SALE WITH MLS #14447776 A diamond in the rough investment property in heart of Texarkana. La Tierra apartments is a Value add investment opportunity that has consistently
School District Texarkana ISD
School Name Westlawn
School Name Texas
Stories 2
Sub Area NO SUB-AREA (1)
Subdivision Hoskins & Smelser Headright Su
Type MUL-Apartment/5Plex+
Utilities Asphalt, City Sewer, City Water, Individual Water Meter
Virtual Tour Url Unbranded https://www.propertypanorama.com/instaview/ntreis/14447780
Year Built 1982
Year Built Details Preowned

Interior Features

# of Units 24
Occupancy Rate 98
Sqft Building 18104
Unit Count 2

Exterior Features

Foundation Slab
Lot Size Area 0.940
Lot Size Area 0.940
Lot Size Area (acres) 0.940
Lot Size Area (sq Ft) 40946
Lot Size Units Acres
Number Of Parking Spaces 30
Parking Features Open and Unassigned Garage

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 75501

Price
AVG $490K
$1.25M
Taxes
AVG $6,882
$16,349
Visits
AVG 203
5
Year Built
AVG 1993
1982

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