Duplex With Two Distinct
For Sale
$200,000
5305 Us Highway 59 S, Texarkana, TX 75501
Two residential units offer different bedroom and bathroom configurations within one duplex property.
Property Size2,417 SF
Price / SF$82.75
Days on Market41
Property Features for 5305 Us Highway 59 S
General Information
Standard status
Active
Size
2,417 SF
Property subtype
Residential Income
Additional Details
Unit Mix
1 x 4BR/1.5BA, 1 x 2BR/2BA
Listing Agency:
RE/MAX Preferred
(903) 293-0617
Listed By:
Becky Easley · License #AR AB00058371 TX 522233
(903) 293-0617
Source:
Exprealty
Added: Jun 25
Changed: Aug 4
Last Checked: Aug 4 at 6:33AM
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 RE/MAX Preferred
Investment Insights
Based on property information with market context.
This 2,417-square-foot duplex contains two separate residential units with distinct layouts. One side provides four bedrooms and one-and-a-half bathrooms, while the other includes two bedrooms and two bathrooms.
The property is located at 5305 US Highway 59 S in Texarkana, Texas. Its varied unit mix accommodates different household configurations within a single multifamily asset.
The property is located at 5305 US Highway 59 S in Texarkana, Texas. Its varied unit mix accommodates different household configurations within a single multifamily asset.
Key Highlights
- 2,417‑square‑foot duplex
- One unit has 4 bedrooms and 1 1/2 baths
- Second unit includes 2 bedrooms and 2 baths
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 | $27.0k | $11.16 |
| − Vacancy | −$2.0k | −$0.83 |
| EGI | $25.0k | $10.33 |
| − OpEx | −$7.5k | −$3.10 |
| NOI | $17.5k | $7.23 |
2,417 SF · lease $11.16/SF/yr · vacancy 7.40% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$249.8K
$218.6K – $291.4K
NOI $17,484 @ 7.0% cap · market cap 8.74%
Second Best
Apartment 5plus
$206.6K
$180.7K – $241.0K
NOI $14,459 @ 7.0% cap · market cap 7.23%
Theoretical Best
Hotel Hospitality
$1.82M
$1.59M – $2.12M
NOI $127,436 @ 7.0% cap · market cap 63.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
70
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 - Two residential units offer different bedroom and bathroom configurations within one duplex property.
Where is this duplex located?
The property is located at 5305 Us Highway 59 S Texarkana, TX.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 2,417‑square‑foot duplex; One unit has 4 bedrooms and 1 1/2 baths; Second unit includes 2 bedrooms and 2 baths
