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8809 N KINGS HWY
TEXARKANA, TX 75503-1040
Asking Price
$370K
Asset Type
Single Family Rental Portfolio Retail
Class
Class B
What's Special
Commercial and Residential Upside <ul><li>Suited for commercial or residential</li><li>Approx. 1,757 SF 3 bedroom, 2 bath house, completely remodeled in 2024</li><li>Approx. 30x40 shop</li><li>Approx. 2.1 acres</li><li>Can be redeveloped for retail, office, multifamily. Property can also be used as an Airbnb rental if wanted</li><li>North Kings Highway frontage</li><li>Located southwest of Richmond Road</li></ul>
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NOI
$80,000
Cap Rate
21.63%
DSCR
3.64
Strong
Cash-on-Cash
52.30%
Monthly Payment
$1,830.063
Annual Cash Flow
$58,039.239
