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    701 Olive St Texarkana, TX 75501

    New
    Pending
    For Sale
    $315,000

    MULTI_FAMILY - Texarkana, TX

    Property size:
    3,508 SF
    Lot size:
    0.16 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 9 at 10:06 pm

    Property Features for 701 Olive St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bedroom 3, Bedroom 6, Bathroom 3, Bedroom 1, Bathroom 4, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 4, Bedroom 2
    Bedrooms
    6
    Bathrooms
    4
    Parking features
    Open
    Fireplace
    1
    Appliances
    Dishwasher
    Size
    3,508 SF
    Lot size
    0.16 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric
    Water source
    Public

    Building Details

    Floors in Building
    2
    Number of units
    4
    Flooring type
    Wood, Vinyl, Plank, Carpet
    Building materials
    Brick
    Roof type
    Composition

    MLM Real Estate

    Listing agent Landon Huffer (903) 701-8012

    Listing date Dec 6, 2025

    MLS# 118501 Listing URL

    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 Fourplex: Income-Producing Property

    This fourplex in Texarkana, TX, presents an opportunity to own an income-producing property. The property features two 1-bedroom/1-bath units and two 2-bedroom/1-bath units, providing flexible rental options. Currently operated as a short-term rental, the property is set up to generate cash flow. Texarkana is a growing hub for business, medical, and travel activity, drawing consistent demand from corporate travelers, healthcare professionals, and visitors passing through on I-30. The location provides quick access to downtown, hospitals, major highways, and local employers. The property is already functioning as a furnished rental. The owner is currently averaging $6,750/month in revenue, and utilities are averaging $950/month. The property size is 3,508 square feet and the lot size is 0.16 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -94.0450348
    Latitude
    33.4265893

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    FAQs

    What type of property is this?
    Quadplex - Fourplex in Texarkana, TX, generating income as a short-term rental.
    Where is this quadplex located?
    The property is located at 701 Olive St Texarkana, TX.
    What is the asking price?
    The asking price for this property is $315,000.
    What are key features of this property?
    This property features: - Proven income-producing fourplex already operating as a successful short-term rental.; - Turnkey opportunity: **Fully furnished and ready to generate immediate cash flow.**; - Strong rental demand in Texarkana due to business, medical, and travel activity.
    (903) 701-8012
    Request Owner's contact information
    701 Olive 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
    701 Olive St Texarkana, TX 75501
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