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    1639 Myrtle Springs Rd Texarkana, TX 75503

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    For Sale
    Contact for pricing

    Historic pecan orchard, buildable lots, Red Lick ISD.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 330-acre property presents a unique investment opportunity in desirable Texarkana, Texas. Located in the highly-regarded Red Lick Independent School District, this expansive tract offers a blend of agricultural potential and residential development possibilities. Currently operating as a historic pecan orchard, the land provides established income potential, while its size and zoning allow for a variety of uses. The property is divisible, with lot sizes ranging from one acre to fifty acres, or larger parcels can be created to suit individual needs. This flexibility makes it ideal for both large-scale agricultural operations and smaller, individual homesites. The asking price is $19,000 per acre, reflecting the prime location and the diverse development potential. The address is 1639 Myrtle Springs Rd, Texarkana, TX 75503, situated in Bowie County. This is a rare opportunity to acquire a significant land holding in a thriving Texas community. The property's size, location, and versatility make it an attractive investment for both experienced landowners and those seeking a unique development project. Don't miss this chance to own a piece of Texarkana history.

    Property Features for 1639 Myrtle Springs Rd

    General Information

    Property type
    Farms
    Lot Size
    14,374,800 SF

    HighLights

    • 330‑acre historic pecan orchard offering residential development potential.
    • Large 330‑acre tract divisible into lots ranging from 1 to 50 acres, or larger.
    • $19,000 per acre asking price.
    • Located in the desirable Red Lick Independent School District.
    • Prime Texarkana, TX location (1639 Myrtle Springs Rd, Texarkana, TX 75503, Bowie County).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Hotel & Motel HVAC Service Garden Center Computer & Electronic Repair Veterinary Clinic Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Texarkana
    County
    Bowie
    State
    Texas
    Longitude
    -94.1507766
    Latitude
    33.4843216

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    FAQs

    What type of property is this?
    Farm - Historic pecan orchard, buildable lots, Red Lick ISD.
    Where is this farm located?
    The property is located at 1639 Myrtle Springs Rd Texarkana, TX.
    What are key features of this property?
    This property features: 330-acre historic pecan orchard offering residential development potential.; Large 330-acre tract divisible into lots ranging from 1 to 50 acres, or larger.; $19,000 per acre asking price.
    Request Owner's contact information
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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
    1639 Myrtle Springs Rd Texarkana, TX 75503
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