About This Home

This 0-bedroom, 0-bathroom commercial at 620 George Thomas road in Texarkana, TX is listed for $699,000. on a 8.00 acres lot.

Key Features

  • 8.00 acre lot
  • 20 parking spaces

Property Details

20 spaces
Listing Description

PRICE IMPROVED!! This Mobile Home is 75% occupied offering 10.83% CAP rate and also offers a well-positioned manufactured housing investment in a quiet, peaceful setting surrounded by natural beauty. The property consists of 12 individual units, each separately rented, providing diversified income streams.

Currently, 9 units are occupied, 1 unit is in the process of remodeling, and 2 units require renovation, offering immediate value-add upside. The property also includes additional land with septic systems already developed, allowing for the placement of more trailer homes and future expansion. This creates a strong opportunity for increased density and cash flow. The serene rural atmosphere combined with existing infrastructure makes this an attractive long-term investment with growth potential.

Monthly Cost Estimate

$3,738/mo

20% down · 6.5% · 30 years

Principal$506
Interest$3,029
Insurance$204

Estimates only. Actual payments may vary.

Location

620 George Thomas road

Texarkana, TX 75501

Nancy McCarter

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 620 George Thomas road is listed at $699,000. The estimated monthly payment is $3,739 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 8.00 acre lot, 20 parking spaces.

This property is listed by Manju Pokhrel.

MP

Manju Pokhrel

Agent at MLM Real Estate

Listed by MLM Real Estate · Broker phone: 9033061454

MLS# 200861· Source: Texarkana Board of Realtors· 8 days on PropertySimple

Copyright © 2026 Texarkana Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

620 George Thomas road, Texarkana, TX 75501

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