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Pine Street Apartments 1301 Pine St 8 Unit Apartment Building $399,900 ($49,988/Unit) Texarkana, TX 75501
INVESTMENT HIGHLIGHTS
- Located near downtown Texarkana
EXECUTIVE SUMMARY
Discover a lucrative investment opportunity with this property featuring eight units—four spacious two-bedroom and four cozy one-bedroom apartments, each equipped with a bathroom. Ideal for generating steady rental income, this asset is a must-see for savvy investors. Please respect tenant privacy; do not disturb
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $399,900 | Lot Size | 0.32 AC |
| Price Per Unit | $49,988 | Building Size | 5,136 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1982 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | Multi Family | ||
| Price | $399,900 |
| Price Per Unit | $49,988 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 5,136 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1982 |
| Opportunity Zone |
Yes |
| Zoning | Multi Family |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
| 1+1 | 4 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 03841025000 | Total Assessment | $438,043 (2025) |
| Land Assessment | $14,000 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $424,043 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
03841025000
Land Assessment
$14,000 (2025)
Improvements Assessment
$424,043 (2025)
Total Assessment
$438,043 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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Pine Street Apartments | 1301 Pine St
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