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Texarkana, TX 75503
  • 2 Beds
  • 3 Baths
  • 33,891 sqft
$5,395,000

About this home

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. As of August 7th 20 units have been leased out and property is at a 61% Occupancy Rating, Management is consistently leasing units every week.

Overview

Full Baths
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Half Baths
1
Bathrooms
3
Bedrooms
2
Building Area
33891
Levels
Two
Living Area
33891
Lot Size (Acres)
2.4
Property Type
Residential Income
Status
Active
Year Built
2026

Interior

Appliances
Dryer, Electric Range, Disposal, Microwave
Cooling
Central Air, Ceiling Fan(s), Electric
Fireplaces
0
Flooring
Laminate
Heating
Central, Electric
Interior Features
Eat-in Kitchen, Granite Counters, High Speed Internet, Multiple Master Suites, Open Floorplan, Walk-In Closet(s)

Exterior & Construction

Construction
Brick, Wood Siding
Foundation
Slab
Lot Features
Acreage, Cleared, Corner Lot
Roof
Composition, Shingle

Parking

Covered Parking
0
Garage Spaces
0

Location & Area

City
Texarkana
County
Bowie
School District
Pleasant Grove ISD
ZIP Code
75503
State
TX
Subdivision
Wright Ridge

Financial

Price
5395000

Utilities

Sewer
Public Sewer
Utilities
Electricity Available, Electricity Connected, Sewer Available, Underground Utilities, Water Available

Listing Details

Listing Agent
Bryson Swiggart
Listing Office
Tx Land & Legacy Realty, LLC
MLS #
20861984
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/20861984

Listing agents

Listing AgentBryson SwiggartTx Land & Legacy Realty, LLC

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