2405 Mamie Drive
About This Property
Fresh paint, updated flooring throughout, open kitchen with ample cabinetry flowing into the living area, well-sized bedrooms, abundant natural light, fenced private yard, attached garage, extra storage, and air conditioning - everything a tenant wants, nothing that needs fixing.
FOR HOMEOWNERS Move straight into a clean, updated brick home with a private fenced yard, an attached garage, and a layout that just works. Located near Texas Middle School, Texas High School, shopping, and everyday essentials in Texarkana - this is sensible, affordable homeownership at its best.
FOR INVESTORS Move-in, rent-ready brick home - already listed at market rate, so income starts at closing with zero downtime and zero make-ready costs. Updated finishes, a fenced yard, and a garage attract reliable working-family tenants in the Liberty-Eylau ISD area who tend to stay long-term. This is exceptional return for minimal risk.
Part of a 20-property SFR portfolio across Texarkana and Nash. Buy one or scale into multiple.
Photo Disclaimer: Some images may include virtual staging or digitally enhanced furnishings to help illustrate the property's potential. Actual furnishings, features, and conditions may vary. We recommend verifying all details during an in-person viewing or inspection.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 17, 2026 | Price Decreased |
$124,000
↓ $2K
(1.6%) | |
| Price Decreased | |||
| May 26, 2026 | Price Decreased |
$126,000
↓ $2K
(1.6%) | |
| Price Decreased | |||
| Mar 27, 2026 | Listed by Beycome Brokerage Realty LLC | $128,000 | |
| Listed by Beycome Brokerage Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017