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Days84Days on Market
Views1view

$590,000

901 W 7th Street, Texarkana, TX, 75501

On MarketInfo
CommercialInfo
Baths19 Bath
Baths5,994 Sq Ft
Hotel/MotelHotel/Motel
Year BuiltBuilt in 1957

Highlights

Interior

Bathrooms 19Bathrooms 19
FlooringOther

Exterior

Lot Size36,155 sqft

Land Information

APN8209
SubdivisionCity/Triggs Addn
Land UseCommercial
Legal DescriptionCITY/TRIGGS ADDN BACK PT BLK 67 SANDS MOTEL 2023-12461 12/27/23 BLK/TRACT PT 67 0.83 ACRES
Census Tract010500
Assessed Land Value$14,462
Assessed Improvement Value$495,742
Assessment Year2025

About this property

Value add multifamily opportunity with 17 existing units plus a 3 bedroom 2 bath managers unit. Approximately half of the units are currently leased, providing immediate income while leaving significant upside through lease up and repositioning. Opportunity to convert the managers unit into additional rentable units, increasing total unit count and overall cash flow. Remaining vacant units offer the ability to renovate, place new tenants and increase rental income. Once stabilized, the property has the potential to generate strong monthly income based on market rents in the area. Ideal for investors seeking a value add asset with both in place income and future growth. Conveniently located near downtown Texarkana with quick access to I-30, major employers, shopping and dining. Close proximity to local hospitals and employment centers supports consistent rental demand.

Investor Tools

$411,169Estimated Mortgage Balance
$9,997Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,540 /month
Positive
Cash Flow Estimate:
$1,180 /month

Interested in this property?

Brent Conrad

Conrad Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$868/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,309
$421,166
2025
$14,462
$495,742
$510,204
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,309
$421,166

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cliff Singer Trust
Purchase Money Mortgage
$430,000
No
First
Dec 14, 2023
Jun 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$411,169
$9,997
2%
98%
$2,579/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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901 W 7th Street | Property Details | No Agent List