Tbd Lionel Ave, Texarkana, TX 75503
- $5,395,000
- 2
- BD
- 3
- BA
- 33,891
- SqFt
- List Price
- $5,395,000
- Price Change
- ▼ $280,000 1783716670
- MLS#
- 20861984
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 2026
- Bedrooms
- 2
- Bathrooms
- 3
- Acres
- 2.40
- Living Area
- 33,891
- County
- Bowie
- City
- Texarkana
- Subdivision
- Wright Ridge
- Building Name
- University Ave Lofts
Property Description
Brand new Complex Walking distance to the A&M University Texarkana campus. First Units Delivered March 2026! Construction is 100% complete. Currently going through Lease up phase. Great for an investor looking for a brand new construction property for minimal maintenance. Property can easily be geared towards student housing, or to the general public. All units are individually metered for water and Electricity. The University is in need of more student housing. Texas A&M University-Texarkana (TAMUT) Is one of the fastest growing campuses in the A&M system, it has experienced significant growth in recent years, including record enrollment and new academic partnerships. They just recently announced a brand new Sport Complex that is set to start construction in the near future, as well as a Brand new Business, Engineering & Technology building that is set to be complete in the Spring of 2026. With all this growth there is and will be more needs for General Staff and student housing close to campus. Within 5 minutes to all shopping, restaurants, & Healthcare. Come be apart of the growth! Rental rates have been proven and units are renting for $1475-1550 a month. Listed Income and expenses in take into account Taxes, Insurance, 10% Vacancy Rate, Maintenance, Trash, Grounds maintenance, Trash, and 8% Property Management fee.
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Additional Information
- Unexempt Taxes
- $100,000
- Lot Size
- 104,544
- Lot Description
- Cleared, Corner Lot
- Interior Features
- Eat-In Kitchen, Granite Counters, High Speed Internet, Multiple Primary Suites, Open Floor Plan, Walk-In Closet(s)
- Flooring
- Laminate
- Foundation
- Slab
- Roof
- Composition, Shingle
- Stories
- 2
- Pool Features
- None
- Parking Garage
- Assigned, Paved, Driveway
- School District
- Pleasant Grove Isd
- Elementary School
- Pleasant Grove
- Middle School
- Pleasant Grove
- High School
- Pleasant Grove
- Possession
- CloseOfEscrow, Closing
- Community Features
- Community Mailbox, Curbs
Mortgage Calculator
Listing courtesy of Bryson Swiggart from Tx Land & Legacy Realty, LLC. Contact: