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Days64Days on Market
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$225,000

1520 Richmond Road, Texarkana, TX, 75503

On MarketInfo
CommercialInfo
Baths5,115 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1978

Highlights

Interior

FlooringConcrete

Exterior

Lot Size19,166 sqft

Building Information

Year Built1978

Land Information

APN28176
Lot Number1-3
SubdivisionR W Johnston Jr's Subd
Land UseCommercial
Legal DescriptionR W JOHNSTON JR'S SUBD COLLEGE DR CAR WASH #6 LOTS 1-3 2024-8690 09/20/24 0.44 ACRES
Census Tract010700
Assessed Land Value$57,015
Assessed Improvement Value$98,782
Assessment Year2025

About this property

1520 Richmond Rd. Texarkana, TX 75503 - 5,155 AF on .44 Acres - Self-Serve Car Wash - Asset Sale Current owner only running it since December because he had a tenant before. Hard corner, two-way traffic, great signage. Upgraded both pump rooms. Replaced all missing equipment and upgraded all wands, hoses and foam brushes. Installed freezing protection equipment Weep Mizer. Installed new 40,000 BTU natural gas garage heaters Added 2 Drink Vending Machines Security Cameras Added Credit Card Readers to each bay Added LED lights to complete exterior

Investor Tools

$0Estimated Mortgage Balance
$155,797Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

Interested in this property?

Melissa Croll

Attlee Realty, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$65/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$155,797
2025
$57,015
$98,782
$155,797
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$155,797

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$155,797
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Texarkana

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1520 Richmond Road | Property Details | No Agent List