Multifamily Opportunity Near Downtown
For Sale
$590,000
901 W 7th Street, Texarkana, TX 75501
Value-add multifamily property with income and growth potential.
Property Size400 SF
Price / SF$1,475
Days on Market105
Property Features for 901 W 7th Street
General Information
Standard status
Active
Size
400 SF
Property subtype
Commercial
Building Details
Year Built
1957
Listing Agency:
Conrad Realty
(800) 448-6030
Listed By:
Brent Conrad · License #0530781
(800) 448-6030
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Aug 4 at 2:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Conrad Realty
Investment Insights
Based on property information with market context.
This multifamily property presents a value-add opportunity, featuring 17 existing units in addition to a 3-bedroom, 2-bath manager's unit. Approximately half of the units are currently leased, providing immediate income while also offering significant upside through lease-up and repositioning. There is an opportunity to convert the manager's unit into additional rentable units, increasing the total unit count and overall cash flow. The remaining vacant units offer the ability to renovate, place new tenants, and increase rental income. Once stabilized, the property has the potential to generate strong monthly income based on market rents in the area. This property is ideal for investors seeking a value-add asset with both in-place income and future growth. It is conveniently located near downtown Texarkana, with quick access to I-30, major employers, shopping, and dining. The property's proximity to local hospitals and employment centers supports consistent rental demand. The property size is 400 square feet.
Key Highlights
- Value‑add opportunity with significant upside through lease‑up and repositioning of vacant units.
- Existing income from currently leased units provides immediate cash flow.
- Potential to convert manager's unit into additional rentable units, increasing total unit count.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
648
Businesses Nearby
Explore this area
Business Placement
Demographics for 75501, TX
36,423
Population
15,302
Households
2.4
Avg Household Size
38
Median Age
15%
College-Educated
86%
High-School Grad
96.3 sq mi
ZIP Area
378
Density / Sq Mi
$46,782
Median Household Income
$33,758
Median Earnings
$904
Median Rent
$125,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Value-add multifamily property with income and growth potential.
Where is this apartment building located?
The property is located at 901 W 7th Street Texarkana, TX.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: Value‑add opportunity with significant upside through lease‑up and repositioning of vacant units.; Existing income from currently leased units provides immediate cash flow.; Potential to convert manager's unit into additional rentable units, increasing total unit count.
