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$421,166

NAL Estimated Property Value

901 W 7th Street, Texarkana, TX, 75501

Off MarketInfo
Beds1 Beds
Baths19 Bath
Baths5,994 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$98.43 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 19Bathrooms 19
AppliancesOther

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

Income producing multifamily opportunity with 17 rentable units plus a remodeled 3 bedroom 2 bath managers unit. Property is currently operating as an apartment complex and offers immediate income with additional value add potential. The managers unit can be converted into additional rental units to increase total unit count and boost cash flow. Property is partially occupied, allowing a new owner to stabilize rents and increase overall returns. Strategically located near downtown Texarkana with convenient access to I-30, major employers, shopping and dining. Within close proximity to Wadley Regional Medical Center and CHRISTUS St Michael Medical Center, providing strong rental demand drivers. Positioned in a growing corridor with ongoing development, this asset offers an opportunity for investors to reposition and maximize long term value.

Investor Tools

Property Icon
$421,166
Estimated Property Value
$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

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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.

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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