Contacts
Multifamily Group
Property Details
- Property Type Multi-Family
- Property Size 129,168 SF
- Units 176
- Lot Size 11.2 Acre
- Parking Spaces Avail. 500
- Parking Ratio 3.87 / 1,000 SF
- Year Built 1985
- Date Updated Mar 24, 2025
The Multifamily Group is pleased to present the exclusive offering of Summerhill Woods, a unique, opportunity in Texarkana, Texas. Constructed in 1985, the property consists of 176 units averaging 734 square feet. The property offers a variety of floorplans with the majority being two-bedroom units. The property is currently 98% occupied with strong occupancy rates in the submarket at 94%. Summerhill Woods has an assumable Fannie Mae loan with approximately $9,500,000 remaining, a 4.01% interest, and 7 years remaining of the term (more details on pages 9-10).
Property Location:
Situated adjacent to Texas High School and nestled between Interstate-30 and TX State Highway 93, this location offers prime accessibility. Located two miles from Summerhill Woods, residents enjoy convenient access to a variety of national restaurants and retailers, including Starbucks, Fuzzy’s Taco Shop, WingStop, Walmart Supercenter, Walgreens, and CVS. The property also benefits from close proximity to Interstate-30 and Interstate-49.
Texarkana:
Governor Greg Abbott announced that Braven Environmental, a waste-to-value company specializing in recycling waste plastics, will establish a $145 million advanced recycling facility in Texarkana, Texas. This initiative is the third project under the Texas Jobs, Energy, Technology, and Innovation (JETI) program and is expected to create significant capital investment for the area.
Forbes recently recognized Texarkana as one of the Best Small Places for Business and Careers. Serving as a regional hub for education, healthcare, and employment, the city’s retail and services trade area spans 17 counties across three states. The local workforce is drawn from a 60-mile radius, ensuring a strong labor pool.
- Assumable Fannie Mae Loan at 4.01% Interest Rate – 7 Years Left in the Term
- High Visibility on Texas State Highway-93 (16,000+ VPD)
- Majority 2-Bedroom Units
- 60% of Units Have Upgraded Appliances
- Texarkana ISD Has an A-rating by Niche
- Braven Environmental Announced They Are Building a $145 Million Facility in Texarkana
Reach out to the broker for more info on lease terms and amenities
Getting around
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41/100
Walk Score ®
-
35/100
Bike Score ®
Location
- City Texarkana, TX
- Zip Code 75503
- Market Austin
Points of Interest
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Exxon
0.21 miles
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Valero
0.48 miles
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Shell
0.53 miles
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Tesla Supercharger
0.56 miles
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Walmart
0.79 miles
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E-Z Mart
0.83 miles
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EZ Mart
0.85 miles
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Sam's Club
1.04 miles
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Super 1 Foods
1.19 miles
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Candlewood Suites
0.41 miles
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Hilton Garden Inn Texarkana
0.43 miles
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Hampton Inn & Suites
0.54 miles
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Motel 6
0.54 miles
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Holiday Inn Express & Suites
0.60 miles
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TownePlace Suites
0.64 miles
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Courtyard
0.73 miles
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Comfort Suites
0.82 miles
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Residence Inn Texarkana
1.32 miles
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Econo Lodge
1.37 miles
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Burlington
0.68 miles
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JCPenney
0.70 miles
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Walmart Neighborhood Market
0.76 miles
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Dillard's
0.78 miles
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Central Mall
0.82 miles
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Super 1 Foods
1.13 miles
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Ross
1.17 miles
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Target
1.38 miles
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Albertsons
1.49 miles
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Kohl's
1.52 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Multifamily Group
