Two-Bedroom
205/207 Cheyenne Pl Texarkana, TX 75501
MULTI_FAMILY - Other - Texarkana, TX
Property size:
1,707 SFLot size:
0.16 AcresPrice / SF:
$134/SF- Added:
- Jun 25, 2026
- Days on Market:
- 16
- Last Refresh:
- Jul 10 at 4:06 pm
Property Features for 205/207 Cheyenne Pl
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 3, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bathroom 4, Bedroom 4
- Window features
- Double Pane Windows
- Interior features
- Ceiling Fan(s)
- Appliances
- Dishwasher, Electric Range, Free-Standing Range
- Standard status
- Active
- Size
- 1,707 SF
- Lot size
- 0.16 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2003
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Plank, Vinyl
- Building materials
- Brick
- Roof type
- Composition
- Architectural style
- Other
Listing agent Tracy Spradlin License #AR PB00054602 TX 493069 (903) 748-2477
Listing office Impact Realty Group, LLC Texarkana, TX (903) 223-0710
Listing date Jun 25, 2026
MLS# 205380
Listing URL
Copyright © 2026 Texarkana Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex consists of two residential units at 205/207 Cheyenne Pl, offered for sale as an income-producing property. Each unit is configured with two bedrooms and two bathrooms, designed to support comfortable, self-contained living. Additional outdoor space is provided through private fenced backyards for each unit, giving tenants an area to use independently.
The property is located in Texarkana, Texas 75501, in Bowie County. With a lot size of 0.16 acres, the improvements are arranged to provide individual backyard space alongside the duplex’s primary living areas.
For investors or owner-occupants considering a multifamily setup, this property offers a straightforward two-unit structure with consistent unit layouts (two bedrooms and two bathrooms in each unit). The separate fenced backyards are a practical amenity for tenant privacy and day-to-day usability, supporting a residential experience that does not require shared outdoor space. The asset is sized at 1,707 square feet total property size and is being marketed for acquisition as a duplex.
The property is located in Texarkana, Texas 75501, in Bowie County. With a lot size of 0.16 acres, the improvements are arranged to provide individual backyard space alongside the duplex’s primary living areas.
For investors or owner-occupants considering a multifamily setup, this property offers a straightforward two-unit structure with consistent unit layouts (two bedrooms and two bathrooms in each unit). The separate fenced backyards are a practical amenity for tenant privacy and day-to-day usability, supporting a residential experience that does not require shared outdoor space. The asset is sized at 1,707 square feet total property size and is being marketed for acquisition as a duplex.
Key Highlights
- Duplex built in 2003 with brick construction and composition shingle roof
- Each unit includes 2 bedrooms and 2 bathrooms
- Private fenced backyards provided for each unit
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.1k | $11.16 |
| − Vacancy | −$1.4k | −$0.83 |
| EGI | $17.6k | $10.33 |
| − OpEx | −$5.3k | −$3.10 |
| NOI | $12.3k | $7.23 |
1,707 SF · lease $11.16/SF/yr · vacancy 7.40% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$176.4K
$154.4K – $205.8K
NOI $12,348 @ 7.0% cap · market cap 5.37%
Second Best
Apartment 5plus
$145.9K
$127.7K – $170.2K
NOI $10,212 @ 7.0% cap · market cap 4.44%
Theoretical Best
Hotel Hospitality
$1.29M
$1.13M – $1.50M
NOI $90,002 @ 7.0% cap · market cap 39.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex for sale in Texarkana with two-bedroom, two-bath units and private fenced backyards for each side.
Where is this duplex located?
The property is located at 205/207 Cheyenne Pl Texarkana, TX.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Duplex built in 2003 with brick construction and composition shingle roof; Each unit includes 2 bedrooms and 2 bathrooms; Private fenced backyards provided for each unit
