Duplex with Two 3-Bed
For Sale
$264,000
206-208 Apache Trl, Texarkana, TX 75501
MULTI_FAMILY - Texarkana, TX
Property Size2,550 SF
Lot Size0.16 Acres
Price / SF$103.53
Days on Market93
Property Features for 206-208 Apache Trl
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 2, Bathroom 4, Bedroom 5
Interior features
Ceiling Fan(s)
Appliances
Dishwasher, Electric Range, Vented Exhaust Fan, Water Heater
Subdivision
Brookwood Acres
Directions
Belt to Apache Trl
Standard status
Active
Size
2,550 SF
Lot size
0.16 Acres
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Amenities
private backyards
Building Details
Year built
2004
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Concrete
Building materials
Brick
Roof type
Shingle
Listing Agency:
Pinkhouse Realty
(903) 838-8888
Listed By:
Jacqueline Turentine · License #AR PB00065703 TX 561384
(903) 244-6137
Added: May 30
Changed: Aug 12
Last Checked: Aug 30 at 3:06AM
MLS# 205082
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.
206-208 Apache Trl, Texarkana, TX 75501 offers a cash-flowing duplex configuration with two roomy 3-bedroom, 2-bath units. The building is brick construction with central air, shingle roofing, public water, and public sewer. Interior features include ceiling fan(s), and unit appliances include a dishwasher, electric range, vented exhaust fan, and water heater. Flooring includes vinyl and concrete, with upgrades called out inside the units.
Upgrades include new flooring installed in 2025 in one unit, while the other unit is finished with polished stained concrete. Both units have private backyards, supporting comfortable outdoor space for tenants.
Tenant continuity is a key part of the property’s performance, with one tenant staying over 10 years and the other over 2 years. The duplex sits on a 0.16-acre lot and totals 2,550 square feet, with construction completed in 2004.
Upgrades include new flooring installed in 2025 in one unit, while the other unit is finished with polished stained concrete. Both units have private backyards, supporting comfortable outdoor space for tenants.
Tenant continuity is a key part of the property’s performance, with one tenant staying over 10 years and the other over 2 years. The duplex sits on a 0.16-acre lot and totals 2,550 square feet, with construction completed in 2004.
Key Highlights
- Two 3‑bedroom, 2‑bath units in a duplex layout
- 0.16‑acre lot and 2,550 SF building
- Brick construction with central air and shingle roof
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,446
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.99%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$368,920
$368.9K
Cap Rate 7%
$263,514
$263.5K
Cap Rate 9%
$204,956
$205.0K
Market Conditions
NOI Build-Up for 2,550 SF
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.
Gross rent
$28.5K $11.16/SF
− Vacancy
−$2.1K −$0.83/SF
EGI
$26.4K $10.33/SF
− OpEx
−$7.9K −$3.10/SF
NOI
$18.4K $7.23/SF
Area
Bowie County, TX
Vacancy
7.40%
Lease Rate
$11.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$368,920
Cap Rate 7%
$263,514
Cap Rate 9%
$204,956
Alternative Uses
Best Use
Multifamily LT 5
$263.5K
$230.6K – $307.4K
NOI $18,446 @ 7.0% cap · market cap 6.99%
Second Best
Apartment 5plus
$217.9K
$190.7K – $254.3K
NOI $15,255 @ 7.0% cap · market cap 5.78%
Theoretical Best
Hotel Hospitality
$1.92M
$1.68M – $2.24M
NOI $134,449 @ 7.0% cap · market cap 50.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
552
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?
Duplex - Brick duplex with central air and two 3-bedroom, 2-bath units, each with private backyard space.
Where is this duplex located?
The property is located at 206-208 Apache Trl Texarkana, TX.
What is the asking price?
The asking price for this property is $264,000.
What are key features of this property?
This property features: Two 3‑bedroom, 2‑bath units in a duplex layout; 0.16‑acre lot and 2,550 SF building; Brick construction with central air and shingle roof
