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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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Tbd Lionel Avenue , Texarkana, TX 75503
$5,395,000
Est. Payment: $27,775.80/mo
2 Bed
2.5 Bath
33891 Sqft
Status: active | Days on site: 535
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House 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.

Highlights

Listed by Bryson Swiggart , Tx Land & Legacy Realty, LLC , North Texas Real Estate Information Systems

Property Type

Multi-Family

Lot/Acreage
2.4

Year Built

2026

County

Bowie

Neighborhood

Wright Ridge

School District

Pleasant Grove ISD

Listing ID

20861984

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2.5
  • Full Bathrooms:2
  • 1/2 Bathrooms:1
Appliances:Disposal, Dryer, Electric Range, Microwave
Air Cond:Ceiling Fan(s),Central Air,Electric
Fireplaces:
Floor:Laminate
Other:
  • Additional:Eat-in Kitchen, Granite Counters, High Speed Internet Available, Open Floorplan, Walk-In Closet(s), Second Primary Bedroom

Exterior Features

Lot:Acreage,Cleared,Corner Lot,1 to < 3 Acres
Garage Capacity:66
Roof:Composition,Shingle
Others:
  • Additional:New Construction - Incomplete
Parking Features:Assigned,Concrete,Driveway
Principal Interest
$27,776
Taxes
$8,333

Home Price

$5,395,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$1,079,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$27,775.80

Principal

Taxes

Principal Taxes HOA Total
Monthly $27,775.80 $8,333.33 $0.00 $36,109.14
Yearly $333,309.64 $100,000.00 $0.00 $433,309.64
Total $9,999,289.06 $3,000,000.00 $0.00 $12,999,289.06

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Texarkana, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T19:21:47.893Z

© 2026 North Texas Real Estate Information Systems