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About This Home
This 4-bedroom, 2-bathroom single family at 6302 Richmond Rd in Texarkana, TX is listed for $300,000 ($147 per sqft). Built in 1960, the home offers 2,042 sqft of living space on a 0.63 acres lot.
Searching for the perfect investment property? Look no further. Generating a substantial $2,000 per month in current rent, this property is already paving its way to a profitable future. Its prime location near Texas A&M University places it along a key corridor poised for significant business development.
As the university continues to expand its educational offerings, the Richmond Road area is steadily transforming into a hub of commercial opportunity. The seller has meticulously maintained the property, recently installing a new roof, HVAC unit less than 5 years old, and garage door, additionally all the Windows and a Glass Patio door have been replaced recently.
Inside, you'll find a clean and functional living space, with a gas cooktop in the kitchen and all appliances included. Some of Bedrooms have Oversized Closets offering ample storage and there is a Coat closet in the entry. Whether you're looking to invest in a high-growth location or seeking a home that promises consistent rental income, this property offers a fantastic starting point. You can let it pay for itself with the rental income.
Key Features
- Built in 1960
- 0.63 acre lot
- 2 parking spaces
Property Details
Monthly Cost Estimate
$1,604/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
6302 Richmond Rd
Texarkana, TX 75503
JS Warden A-743
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Appliances
Questions & Answers
This 4-bedroom, 2-bathroom single family at 6302 Richmond Rd is listed at $300,000 ($147/sqft). The estimated monthly payment is $1,300 based on 20% down at 6.5% interest.
Key features include: Built in 1960, 0.63 acre lot, 2 parking spaces. Interior Features: H/S Detector, Paneling, Sheet Rock Walls. Exterior Features: Lighting.
This property is listed by Teresa Liepman and can be reached at 9032769464 or teresasoldit2@gmail.com.