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Commercial Land with Private Lake
For Sale
$675,000

125 +/- ac E Wallace Dr, Texarkana, TX 75501

COMMERCIAL - Texarkana, TX

Property SizeContact for details
Lot Size125.00 Acres
Days on Market130

Property Features for 125 +/- ac E Wallace Dr

General Information

Property type Commercial Sale
Property subtype Other
Fencing Barbed Wire
Subdivision LT KIING A-327
Directions On Hwy 59, take Bishop st toward Grady T. Wallace. Cross leopard Dr to E Wallace St. The property is on the right .75 miles past the intersection. ( First property past the baseball facilities).
Standard status Active
Lot size 125.00 Acres

Utilities

Water source Public
Listing Agency: Rip England Premier Realty LLC
Listed By: Rip England · License #0568738
Added: Apr 17 Changed: Aug 4 Last Checked: Aug 24 at 6:06PM
MLS# 204773

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.

Investment Insights

Based on property information with market context.

This 125-acre commercial land tract includes approximately 25 acres of water in a private lake, with the balance predominantly covered by pine timber. The property is configured for flexible site planning and may accommodate a single project or phased development, subject to applicable approvals. Barbed-wire fencing is present, and public water is identified as a water source.

Located at 125 +/- ac E Wallace Dr in Texarkana, Texas, the tract provides direct road access for commercial traffic and equipment. Its size, lake, timber coverage, and access create a substantial land base for commercial or industrial planning.

Key Highlights

  • 125‑acre commercial land tract at 125 +/- ac E Wallace Dr, Texarkana, TX 75501
  • Approximately 25 acres of water, including a private lake
  • Direct road access for commercial traffic and equipment

Property Analytics

Current Use

Commercial land

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

28
Businesses Nearby

Demographics for 75501, TX

36,423
Population
15,302
Households
2.4
Avg Household Size
38
Median Age
15%
College-Educated
86%
High-School Grad
96.3 sq mi
ZIP Area
378
Density / Sq Mi
$46,782
Median Household Income
$33,758
Median Earnings
$904
Median Rent
$125,700
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Large tract with road access, pine timber, and a private lake for commercial or industrial planning.
Where is this commercial land located?
The property is located at 125 +/- ac E Wallace Dr Texarkana, TX.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 125‑acre commercial land tract at 125 +/- ac E Wallace Dr, Texarkana, TX 75501; Approximately 25 acres of water, including a private lake; Direct road access for commercial traffic and equipment
More about this property
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