$200,000
PENDING $19K PRICE DROP

Estimated payment $1,259/month

Total Views 6,192
4 Beds
4 Baths
2,384 Sq Ft
$84 Price per Sq Ft

Highlights

  • 2 Fireplaces
  • Cottage
  • Laundry closet
  • No HOA
  • Double Pane Windows
  • Luxury Vinyl Tile Flooring

About This Home

Income-Producing Duplex with Value-Add Potential (Near 1% Rule) Check out this duplex offering immediate rental income plus upside through a potential third efficiency unit. The property features two fully occupied units (front and back), generating $1,925/month in total rent, positioning this opportunity close to the 1% rule for investors seeking strong cash-flow metrics. The front unit has been updated with durable vinyl plank flooring throughout, while the back unit features low-maintenance stained concrete floors. Both units offer spacious kitchens with plenty of room for a breakfast table. All appliances convey with the property. Each unit includes over 1,000 square feet, 2 bedrooms and 2 full bathrooms, including a primary suite with 2 walk-in closets. Hall baths feature tub/shower combinations, and primary baths include stand-up showers. Living areas include fireplaces that have been capped and are not currently operational. Outdoor spaces add tenant appeal, with a private patio for the front unit and a screened patio with fenced yard for the back unit. A detached garage with storage and covered parking is very attractive to tenants. Value-Add: The detached structure previously functioned as an efficiency apartment and still has some plumbing and electrical in place, presenting the potential to reestablish a third income-producing unit (buyer to verify). Photos reflect the occupied front unit and back unit prior to current tenant occupancy. To close w/ Mandy @ Twin City Title. $1,000 Earnest Money required.

Listing Agent

Sarah Griffin Sealy

Griffin Realtors Brokerage Phone: 8707746101 License #PB00013174 Listed on: 03/25/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,949

Year Built

  • Built in 1980

Lot Details

  • 12,197 Sq Ft Lot

Parking

  • Garage

Home Design

  • Duplex
  • Cottage
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,384 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Double Pane Windows

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Concrete
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry closet
  • Washer and Electric Dryer Hookup

Utilities

  • Cooling Available
  • Central Heating
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Montgomery Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 16-17 / 1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,949

Year Built

Built in 1980

Lot Details

0.28 Acres

Listing Details

  • Stories: 1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • LotSizeAcres: 0.28
  • Road Frontage Type: City Street
  • Road Surface Type: Concrete
  • Is Senior Community?: No
  • Has HOA?: No
  • Co List Office Mls Id: 13
  • Subdivision Name: Montgomery
  • Architectural Style: Cottage
  • Has Basement?: No
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Unit Levels: One
  • Is New Construction?: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator, Water Heater
  • Living Area: 2384
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Flooring: Concrete, Luxury Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Double Pane Windows

Exterior Features

  • Roof: Composition
  • Disclosures: Owner Disclosure
  • Home Warranty: Yes
  • Construction Type: Brick
  • Foundation Details: Slab

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: Yes
  • Parking Features: 1 per Unit, Garage

Utilities

  • Cooling: Central Air
  • Heating: Central, Electric
  • Utilities: Cable Available, Internet Available
  • Laundry Features: Electric Dryer Hookup, Laundry Closet, Washer Hookup
  • Heating Yn: Yes
  • Electric: Electric - AEP Swepco
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: Texarkana AR

Lot Info

  • Lot Size Sq Ft: 12196.8
  • Land Lease Expiration Date: 2026-09-30

Green Features

Building Info

  • Year Built: 1980

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1949
  • Tax Block: 1
  • Tax Lot: 16-17
  • Tax Year: 2025

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,830 $33,950 $4,360 $29,590
2024 $1,663 $28,980 $4,360 $24,620
2023 $1,591 $28,980 $4,360 $24,620
2022 $1,591 $28,980 $4,360 $24,620
2021 $1,591 $28,980 $4,360 $24,620
2020 $1,591 $28,980 $4,360 $24,620
2019 $1,591 $28,980 $4,360 $24,620
2018 $1,591 $28,980 $4,360 $24,620
2017 $1,591 $28,980 $4,360 $24,620
2016 $1,591 $28,980 $4,360 $24,620
2015 $1,591 $28,980 $4,360 $24,620
2014 $1,587 $28,900 $4,360 $24,540
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/18/2026 08/18/26 Pending -- -- --
07/15/2026 07/15/26 Price Changed $200,000 -7.0% $84 / Sq Ft
06/05/2026 06/05/26 Price Changed $215,000 -1.7% $90 / Sq Ft
06/04/2026 06/04/26 For Sale $218,700 0.0% $92 / Sq Ft
05/14/2026 05/14/26 Pending -- -- --
03/25/2026 03/25/26 For Sale $218,700 0.0% $92 / Sq Ft
03/13/2026 03/13/26 Off Market $975 -- --
02/26/2026 02/26/26 For Rent $975 0.0% --
05/27/2025 05/27/25 Off Market $975 -- --
05/16/2025 05/16/25 Price Changed $975 0.0% $1 / Sq Ft
05/16/2025 05/16/25 For Rent $975 +5.4% --
10/26/2024 10/26/24 Off Market $925 -- --
10/17/2024 10/17/24 For Rent $925 0.0% --
10/17/2024 10/17/24 Price Changed $925 -5.1% $1 / Sq Ft
10/12/2024 10/12/24 Off Market $975 -- --
09/28/2024 09/28/24 For Rent $975 -- --
Source: Texarkana Board of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $138,200 None Available
Warranty Deed $25,000 None Available
Warranty Deed $80,000 --
Warranty Deed $76,900 --
Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $103,650 New Conventional
Closed $103,650 New Conventional
Previous Owner $26,000 New Conventional
Source: Public Records

Source: Texarkana Board of REALTORS®

MLS Number: 204558

Texarkana Board of REALTORS®

APN: 4030020

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