Three-Unit Brick
For Sale
$288,888
3729 Trotter Ln, Texarkana, TX 75503
Three separate three-bedroom residences feature single-level layouts and dedicated parking for each unit.
Property Size3,519 SF
Price / SF$82.09
Days on Market17
Property Features for 3729 Trotter Ln
General Information
Standard status
Active
Size
3,519 SF
Property subtype
Residential Income
Units
Unit Mix
3 x 3BR
Multifamily Units
3
Building Details
Buildings
1
Stories
1
Construction
brick
Listing Agency:
eXp Realty, LLC- TX
(888) 519-7431
Listed By:
Megan Driver
(903) 701-5722
Source:
Exprealty
Added: Oct 1
Changed: Oct 10
Last Checked: Oct 16 at 1:35PM
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 eXp Realty, LLC- TX
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This brick triplex contains three separate residences, each with three bedrooms and a single-level layout. The property totals approximately 3,519 heated square feet, with individual parking for each unit.
The property is within Texarkana city limits at 3729 Trotter Ln.
The property is within Texarkana city limits at 3729 Trotter Ln.
Key Highlights
- Three units, each with 3 bedrooms
- Approximately 3,519 heated square feet
- Single‑level layouts in all units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,456
Cap Rate
8.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,120
$509.1K
Cap Rate 7%
$363,657
$363.7K
Cap Rate 9%
$282,844
$282.8K
Market Conditions
NOI Build-Up for 3,519 SF
Gross rent
$39.3K $11.16/SF
− Vacancy
−$2.9K −$0.83/SF
EGI
$36.4K $10.33/SF
− OpEx
−$10.9K −$3.10/SF
NOI
$25.5K $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 Rate 5%
$509,120
Cap Rate 7%
$363,657
Cap Rate 9%
$282,844
Alternative Uses
Best Use
Multifamily LT 5
$363.7K
$318.2K – $424.3K
NOI $25,456 @ 7.0% cap · market cap 8.81%
Second Best
Apartment 5plus
$300.7K
$263.2K – $350.9K
NOI $21,052 @ 7.0% cap · market cap 7.29%
Theoretical Best
Hotel Hospitality
$2.65M
$2.32M – $3.09M
NOI $185,539 @ 7.0% cap · market cap 64.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
Explore this area
Business Placement
Demographics for 75503, TX
25,547
Population
11,464
Households
2.2
Avg Household Size
41
Median Age
35%
College-Educated
95%
High-School Grad
78.5 sq mi
ZIP Area
325
Density / Sq Mi
$67,733
Median Household Income
$43,508
Median Earnings
$1,185
Median Rent
$214,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three separate three-bedroom residences feature single-level layouts and dedicated parking for each unit.
Where is this triplex located?
The property is located at 3729 Trotter Ln Texarkana, TX.
What is the asking price?
The asking price for this property is $288,888.
What are key features of this property?
This property features: Three units, each with 3 bedrooms; Approximately 3,519 heated square feet; Single‑level layouts in all units
