1302 Bowie, Texarkana, TX 75501
MULTI_FAMILY - Other - Texarkana, TX
- Added:
- Apr 24, 2026
- Days on Market:
- 48
- Last Refresh:
- Jun 10 at 11:06 am
Property Features for 1302 Bowie
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bedroom 4, Bathroom 3, Bedroom 7, Bedroom 3, Bedroom 1, Bedroom 6, Bedroom 5, Bedroom 8, Bathroom 1, Bathroom 2
- Parking features
- Garage
- Interior features
- Ceiling Fan(s)
- Appliances
- Electric Cooktop, Electric Oven, Refrigerator
- Standard status
- Active
- Size
- 3,083 SF
- Lot size
- 0.22 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Ductless (Heating)
- Cooling system
- Ductless, Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Carpet, Tile
- Building materials
- Shingle Siding
- Roof type
- Composition
- Architectural style
- Other
Listing agent Ashly King License #AR SA00086546 TX 717562 (903) 306-9009
Listing office Fathom Realty-TX Texarkana, TX (888) 455-6040
Listing date Apr 24, 2026
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.
HighLights
- Triplex with strong income potential.
- Two units (B & C) have been recently renovated.
- Newer roof (approximately 4 years old).
- Three units: (A) 3 bed/1 bath, (B) 3 bed/1 bath, (C) 2 bed/1 bath.
- Multiple income streams.
- Garage parking.
Overview
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 | $34.4k | $11.16 |
| − Vacancy | −$2.5k | −$0.83 |
| EGI | $31.9k | $10.33 |
| − OpEx | −$9.6k | −$3.10 |
| NOI | $22.3k | $7.23 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Texarkana
- County
- Bowie
- State
- Texas
- Longitude
- -94.064107
- Latitude
- 33.4294556
