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Listing provided courtesy of Tx Land & Legacy Realty, LLC- MLS# 20861984MLS ProviderContact Information: Bryson Swiggart

TBD Lionel AvenueTexarkana, TX 75503

Multi-Family · 2 Beds · 2 Full Baths · 1 Half Bath · 34,650 Sq. ft. | 2.40 Acres
$5,675,000 Active

TBD Lionel Avenue Overview

Visits:
6

Brand new Complex Walking distance to the A&M University Texarkana campus. First Units Delivered March 2026! Starting to lease units. Great for an investor looking for a brand new construction property for minimal maintenance. Property can easily be geared towards student housing, or to the general public. All units are individually metered for water and Electricity. The University is in need of more student housing. Texas A&M University-Texarkana (TAMUT) Is one of the fastest growing campuses in the A&M system, it has experienced significant growth in recent years, including record enrollment and new academic partnerships. They just recently announced a brand new Sport Complex that is set to start construction in the near future, as well as a Brand new Business, Engineering & Technology building that is set to be complete in the Spring of 2026. With all this growth there is and will be more needs for General Staff and student housing close to campus. Within 5 minutes to all shopping, restaurants, & Healthcare. Come be apart of the growth!

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TBD Lionel Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 34,650
  • Price/Sq.ft. $164
  • Lot 2.40 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Pleasant Grove ISD
  • Elementary School: Pleasant Grove
  • Middle Or Junior School: Pleasant Grove
  • High School: Pleasant Grove

Income/Expenses

  • Gross Income: 584100.0
  • Insurance Expense: 44000.0
  • Net Operating Income: 388426.0
  • Operating Expense Includes: Insurance,Maintenance Grounds,Other,Vacancy Allowance

Building Information

  • Year Built: 2026
  • Year Built Details: New Construction - Incomplete

Location/Region

  • Country: US
  • County Or Parish: Bowie
  • Postal City: TEXARKANA
  • Subdivision Name: Wright Ridge

Community/Development

  • Community Features: Community Mailbox,Curbs

Tax Information

  • Tax Annual Amount: 100000.0

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 30180003300
  • Property Type: Residential Income
  • Senior Community: No

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 2

Building Interior

  • Building Area Source: Plans
  • Building Area Total: 34650.0

General Information

  • Appliances: Dryer,Electric Range,Disposal,Microwave
  • Basement: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Laminate
  • Foundation Details: Slab
  • Interior Features: Eat-in Kitchen,Granite Counters,High Speed Internet,Multiple Master Suites,Open Floorplan,Walk-In Closet(s)
  • Levels: Two
  • Living Area: 34650.0
  • Stories: 2
  • Window Features: Window Coverings

Exterior

Parking Information

  • Parking Features: Assigned,Concrete,Driveway
  • Parking Total: 66.0

Lot Information

  • Lot Features: Acreage,Cleared,Corner Lot
  • Lot Size Acres: 2.4
  • Lot Size Area: 2.4
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 104544.0
  • Lot Size Units: Acres
  • Number Of Buildings: 33
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick,Wood Siding
  • Patio And Porch Features: Awning(s),Rear Porch
  • Roof: Composition,Shingle

General Information

  • Carport: No
  • Fencing: Partial
  • Number Of Units Total: 33
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Electricity Available,Electricity Connected,Sewer Available,Underground Utilities,Water Available

Unit Information

Unit 1 Details

  • Unit Type: Apartments
  • Units Total: 33

Unit 2 Details

  • Unit Type: Apartments
  • Units Total: 33

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

TBD Lionel Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

TBD Lionel Avenue Market Data

Based on the last 30 days in this zip code

$304,149
Average List Price
$139
Average Price per Square Foot
0
Properties Sold
164
Average Days on Market
28
Properties for Sale
Calculations provided by Reliance Network


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