$315,000

701 Olive St Texarkana, TX 75501

Estimated payment $2,031/month

Total Views 264
6 Beds
-- Bath
3,508 Sq Ft
$90 Price per Sq Ft

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • High Speed Internet
  • Texas High School Rated A

About This Home

Here’s your chance to own a proven income-producing property in the heart of Texarkana. This fourplex features two 1-bedroom/1-bath units and two 2-bedroom/1-bath units, offering flexible rental options for both short-term and long-term tenants. Currently operated as a successful short-term rental, this property is already set up to generate immediate 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. With limited competition in the local STR market, this fourplex gives investors a unique advantage. Why invest in a short-term rental in Texarkana? Strong Rental Demand: Texarkana is a regional hub that attracts steady travel from both Texas and Arkansas sides of the city. Strategic Location: Quick access to downtown, hospitals, major highways, and local employers ensures high occupancy potential. Diversified Income Stream: With four separate units, you can maximize flexibility—rent all as STRs, operate as mid-term housing, or blend with traditional long-term tenants. Turnkey Opportunity: The property is already functioning as a furnished rental, giving investors the ability to step in and start earning from day one. Whether you’re looking to expand your STR portfolio or seeking a solid cash-flowing asset in an up-and-coming market, this fourplex is a rare opportunity to secure a property positioned for growth. Owner is currently averaging $6,750/month in revenue and utilities are averaging $950/month.

Listing Agent

Landon Huffer, CCIM, CRRP

Realty Fanatics Group License #AR EB00064903 TX 540599 Listed on: 08/20/2025

Realty Fanatics Group

Property Details

Home Type

  • Multi-Family

Parking

  • Open Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 3,508 Sq Ft Home
  • Property has 2 Levels
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • 4 Units
  • City/Triggs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03840050300
  • Tax Block 90

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: Multifamily
  • Type: Fourplex
  • Age: Unknown
  • Floors: Wood, Carpet, Vinyl Planking
  • Latent Defects: None Disclosed
  • Number Of Levels: 2 Story
  • Price Per Sq Ft: 89.79
  • Common Amenities: None
  • Agent Only_ L A1 User Code: Huffer01
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Dishwasher
  • Fireplace: None Apply
  • Estimated Heated Cooled Sq Ft: 3508

Exterior Features

  • Roof: Composition

Garage/Parking

  • Parking Facility: Open

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Utilities: Electric-AEP-Swepco, Public Sewer, City Water, High Speed Internet Avail, Cable Available
  • Utility Laundry: Dryer Electric, Washer Connection
  • Utilities Paid: All Utilities Owner Paid

Schools

  • School District: TISD
  • School District: TISD

Lot Info

  • Geo Address Line: 701 Olive St
  • Geo Longitude: -94.045012
  • Geo Primary City: Texarkana
  • Geo Quality: 0.95
  • Geo Zoom Level: 16
  • Lot Number: 6

Building Info

  • Construction: Brick, Slab

Tax Info

  • Current Taxes Per Year: $2,349.74
  • Assessor Parcel Number: 03840050300

Multi Family

  • Number Of Units: 4
  • Number Br Unit1: 1
  • Number Br Unit2: 2
  • Number Br Unit3: 1
  • Number Br Unit4: 2
  • Number Units Occupied: Four or More

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 For Sale $315,000 -- $90 / Sq Ft
Source: Texarkana Board of REALTORS®

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Source: Texarkana Board of REALTORS®

MLS Number: 118501

Texarkana Board of REALTORS®