300 E 20th, Texarkana, AR 71854
Local realty services provided by:Better Homes and Gardens Real Estate Infinity
Listed by: sarah sealy
Office: griffin realtors
MLS#:204558
Source:AR_TMLS
Price summary
- Price:$200,000
- Price per sq. ft.:$83.89
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....
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Home facts
- Year built:1980
- Subdivision & Development:Montgomery
- Listing ID #:204558
- Added:140 day(s) ago
- Updated:August 13, 2026 at 01:46 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Flooring:Concrete, Luxury Vinyl
- Kitchen Description:Dishwasher, Electric Range, Refrigerator
- Living area:2,384 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1980
- Building area:2,384 sq. ft.
- Lot area:0.28 Acres
- Architectural Style:Cottage
- Construction Materials:Brick
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$200,000
- Price per sq. ft.:$83.89
- Tax amount:$1,949 (2025)
Features and amenities
- Appliances:Dishwasher, Electric Range, Refrigerator, Water Heater
- Laundry features:Electric Dryer Hookup, Laundry Closet, Washer Hookup
- Amenities:Ceiling Fan(s)
Parking
- Parking description:1 per Unit, Garage
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