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Duplex Property Requiring Restoration
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507 W 38th, Texarkana, TX 75501

Former duplex requires extensive repairs and updates before reuse.

Property Size1,412 SF
Days on Market70

Property Features for 507 W 38th

General Information

Standard status Active
Size 1,412 SF
Property subtype Multi Family Home

Building Details

Building Size 1,412 SF
Stories 1
Units 2
Listing Agency: Rip England Premier Realty LLC
Listed By: Misty Toliver · License #TX 570909
Source: Texarkanalegacygroup
Added: May 30 Changed: Aug 4 Last Checked: Aug 7 at 10:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rip England Premier Realty LLC

Investment Insights

Based on property information with market context.

This former duplex presents a two-unit residential configuration requiring extensive repairs and updates. The existing property can be restored into two 1-bedroom units, offering a defined renovation scope for an owner planning a residential income property or resale strategy.

Located at 507 W 38th in Texarkana, Texas, the property is positioned for redevelopment within its established duplex format. Its current condition makes renovation and restoration the central consideration for evaluating the asset.

Key Highlights

  • Formerly configured as a duplex
  • Restoration plan includes two 1‑bedroom units
  • Extensive repairs and updates required

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Kitchen & Bath Showroom Real Estate Agency Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

629
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 Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Former duplex requires extensive repairs and updates before reuse.
Where is this duplex located?
The property is located at 507 W 38th Texarkana, TX.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Formerly configured as a duplex; Restoration plan includes two 1‑bedroom units; Extensive repairs and updates required
More about this property
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