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    507 W 38Th St Texarkana, TX 75501

    For Sale
    Contact for pricing

    MULTI_FAMILY - Texarkana, TX

    Property size:
    1,412 SF
    Lot size:
    0.08 Acres
    Days on Market:
    49
    Last Refresh:
    Dec 11 at 5:06 am

    Property Features for 507 W 38Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1
    Bedrooms
    2
    Bathrooms
    2
    Parking features
    Carport
    Size
    1,412 SF
    Lot size
    0.08 Acres

    Utilities

    Utilities
    Water Available

    Building Details

    Floors in Building
    1
    Number of units
    2
    Building materials
    Frame
    Roof type
    Composition

    MLM Real Estate

    Listing agent Misty Toliver (903) 748-3380

    Listing date Oct 24, 2025

    Copyright © 2025 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.

    Overview

    Texarkana Multifamily Investment Opportunity

    This multifamily property in Texarkana, TX, presents an investment opportunity with potential for renovation. Formerly utilized as a duplex, the 1412 square foot property can be restored into two 1-bedroom units, suitable for rental income or resale. The property, located on a 0.08-acre lot, requires extensive repairs and updates to realize its income-producing potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Texarkana
    County
    Bowie
    State
    Texas
    Longitude
    -94.0493106
    Latitude
    33.4534903

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    FAQs

    What type of property is this?
    Duplex - Duplex in Texarkana, TX, ideal for renovation and investment.
    Where is this duplex located?
    The property is located at 507 W 38Th St Texarkana, TX.
    What is the asking price?
    The asking price for this property is $24,000.
    What are key features of this property?
    This property features: - Duplex potential – easily convertible to two 1-bedroom units.; - Investment opportunity: explore rental income or resale options.; - Carport parking available.
    (903) 748-3380
    Request Owner's contact information
    507 W 38Th St Texarkana, TX 75501
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    Texarkana, TX 75501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    507 W 38Th St Texarkana, TX 75501
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