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TBD Lionel AVE Texarkana, TX 75503

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UPDATED:

$ 5,395,000
TBD Lionel AVE Texarkana, TX 75503
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TBD Lionel AVE, Texarkana, TX 75503
TBD Lionel AVE, Texarkana, TX 75503
TBD Lionel AVE, Texarkana, TX 75503
TBD Lionel AVE, Texarkana, TX 75503
TBD Lionel AVE, Texarkana, TX 75503
TBD Lionel AVE, Texarkana, TX 75503
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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GP Theriot IV

GP Theriot IV

gp@gptheriot.com +1(214) 789-5888
$ 5,395,000
Est. payment | /mo

2 Beds

3 Baths

33,891 SqFt


Save Virtual Tour
$ 5,395,000
Est. payment | /mo
Save Virtual Tour

2 Beds

3 Baths

33,891 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 33,891 sqft

Price per Sqft $159

Subdivision Wright Ridge

MLS Listing ID 20861984

Bedrooms 2

Full Baths 2

Half Baths 1

HOA Y/N No

Year Built 2026

Annual Tax Amount $100,000

Lot Size 2.400 Acres

Acres 2.4

Property Description

Brand new Complex Walking distance to the A&M University Texarkana campus. First Units Delivered March 2026! Construction is 100% complete. Currently going through Lease up phase. Great for an investor looking for a brand new construction property for minimal maintenance. Property can easily be geared towards student housing, or to the general public. All units are individually metered for water and Electricity. The University is in need of more student housing. Texas A&M University-Texarkana (TAMUT) Is one of the fastest growing campuses in the A&M system, it has experienced significant growth in recent years, including record enrollment and new academic partnerships. They just recently announced a brand new Sport Complex that is set to start construction in the near future, as well as a Brand new Business, Engineering & Technology building that is set to be complete in the Spring of 2026. With all this growth there is and will be more needs for General Staff and student housing close to campus. Within 5 minutes to all shopping, restaurants, & Healthcare. Come be apart of the growth!
Rental rates have been proven and units are renting for $1475-1550 a month. Listed Income and expenses in take into account Taxes, Insurance, 10% Vacancy Rate, Maintenance, Trash, Grounds maintenance, Trash, and 8% Property Management fee. As of August 7th 20 units have been leased out and property is at a 61% Occupancy Rating, Management is consistently leasing units every week.

Location

State TX

County Bowie

Community Community Mailbox, Curbs

Direction From Highway 30, Head North on Richmond Rd. Take a right onto University Ave. Property will be at the corner of University Ave and Lionel Ave.

Interior

Interior Features Eat-in Kitchen, Granite Counters, High Speed Internet, Multiple Master Suites, Open Floorplan, Walk-In Closet(s)

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Laminate

Fireplace No

Window Features Window Coverings

Appliance Dryer, Electric Range, Disposal, Microwave

Exterior

Parking Features Assigned, Concrete, Driveway

Fence Partial

Pool None

Community Features Community Mailbox, Curbs

Utilities Available Electricity Available, Electricity Connected, Sewer Available, Underground Utilities, Water Available

Water Access Desc Public

Roof Type Composition,Shingle

Porch Awning(s), Rear Porch

Total Parking Spaces 66

Garage No

Private Pool No

Building

Lot Description Acreage, Cleared, Corner Lot

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

Elementary Schools Pleasant Grove

Middle Schools Pleasant Grove

High Schools Pleasant Grove

School District Pleasant Grove Isd

Others

Senior Community No

Tax ID 30180003300

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20861984

Nearby Locations

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GP Theriot IV
GP Theriot IV

Real Estate Consultant, US Army Veteran (CPT) Lic# 0817775

gp@gptheriot.com

+1(214) 789-5888

5605 North McArthur Blvd, Irving, TX 75038, USA

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TBD Lionel AVE

IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

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Broker - TransparentProud Partner of FGP

eXp Realty

GP Theriot IV Lic# 0817775

+1(214) 789-5888 gp@gptheriot.com

5605 North McArthur Blvd, Irving, TX 75038, USA

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