300 E 20Th St, Texarkana, AR

House

Pending

Listed price in listed location currency (USD).

$218,700

440

MLS® 204558

Overview

Key Facts

Type Duplex

Levels Residential Income

Size 2384 sqft

Garage Yes

Taxes

Lot Size

Approx. Age 1980

Avg. Price Per Sqft $91

MLS® Number 204558

Property Address: 300 E 20th St, Texarkana, AR, 71854-3542

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® Number204558

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1980

Basement

Driveway1 per Unit, Garage

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

-Sold Price

Pending

Mar 25, 2026List Date

$218,700List Price

Map

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