205/207 Cheyenne Pl, Texarkana, TX 75501
MULTI_FAMILY - Other - Texarkana, TX
- Added:
- Jun 25, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 27 at 5:06 pm
Property Features for 205/207 Cheyenne Pl
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 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
- Vinyl, Plank
- 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
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
- 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
- Central heating and central air conditioning
- Public utilities: public water and public sewer
- Appliances include dishwasher and (free‑standing/electric) range; ceiling fans and vinyl/plank flooring
Overview
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.
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Texarkana
- County
- Bowie
- State
- Texas
- Longitude
- -94.0860224
- Latitude
- 33.4498158
