MULTIFAMILYRADAR
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High yieldValue-add
$600,000

30-Unit Multifamily in Texarkana, TX

TX · listed Sep 21, 2026 (37 days)

Price per unit compared
This property$20K
Within ~40 mi (15)$53K
Texas median (1,029)$100K
$/unit
$20,000
▼ 80% vs TX · 0th pct
Cap rate
—
 
NOI
$192K
$6,400/unit/yr
Units
30
 

Financials

Asking price
$600,000
Price per unit
$20,000
Price per sq ft
Not stated
Gross rent / year
$180,000avg rent × units
Net operating income
$192,000
NOI per unit
$6,400
Cap rate
Not stated
Gross yield
30%gross rent ÷ price
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
30
Unit mix
30 units – all 2BR/1BA
Buildings
Not stated
Year built
Not stated
Building size
Not stated
Avg unit size
Not stated
Lot size
Not stated
Condition
Value-add

Deal terms

Owner financing
Not stated

Listing

Listed
Sep 21, 2026
Days on market
37 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
City only
Listing #
1798

About this property

**30-Unit Value-Add Near Texarkana, TX**

30 units – all 2BR/1BA 12 acres 17 occupied / 13 vacant Current rents below market: $500/moth Separate electric and water meters Projected renovated rents: $775/month Estimated full renovation: $600K–$750K

Proforma NOI: $192k

**Asking $600K **

Cash or hard money. DM only for financials and more info.

Location

Somewhere in Texarkana. The exact address is shared on request.

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