Texarkana, TX


Highest Appreciating Texarkana Neighborhoods Since 2000

Texarkana, TX Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Texarkana Housing Market Information

With a population of 37,280, 13,666 total housing units (homes and apartments), and a median house value of $96,852, house prices in Texarkana are solidly below the national average.

Single-family detached homes are the single most common housing type in Texarkana, accounting for 66.93% of the city's housing units. Other types of housing that are prevalent in Texarkana include large apartment complexes or high rise apartments ( 17.89%), duplexes, homes converted to apartments or other small apartment buildings ( 9.78%), and a few row houses and other attached homes ( 2.84%).

The most prevalent building size and type in Texarkana are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 53.29% owning and 46.71% renting.

There is a lot of housing in Texarkana built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Texarkana built between 1940-1969 ( 32.77%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.37%). There's also some housing in Texarkana built before 1939 ( 5.15%).

Vacant housing appears to be an issue in Texarkana. Fully 16.06% of the housing stock is classified as vacant. Left unchecked, vacant Texarkana homes and apartments can be a drag on the real estate market, holding Texarkana real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Texarkana Home Appreciation Rates

In the last 10 years, Texarkana has experienced some of the highest home appreciation rates of any community in the nation. Texarkana real estate appreciated 18.51% over the last ten years, which is an average annual home appreciation rate of 1.71%, putting Texarkana in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Texarkana definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Texarkana's appreciation rate, at 4.92%, has been at or slightly above the national average. In the latest quarter, Texarkana's appreciation rate has been 1.85%, which annualizes to a rate of 7.59%.

Importantly, this makes Texarkana one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Texas, our data show that Texarkana's latest annual appreciation rate is lower than 60% of the other cities and towns in Texas.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Texarkana differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Texarkana - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Texarkana real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,075,000 0.5
$806,001 - $1,075,000 0.3
$537,001 - $806,000 1.5
$430,001 - $537,000 0.7
$322,001 - $430,000 2.4
$215,001 - $322,000 8.8
$107,001 - $215,000 31.3
$54,001 - $107,000 35.7
$0 - $54,000 18.8

Low for TX
Low for Nation

Value Relative to Nation Value Relative to State
79.6320168756592 67.4124513618677

Number Of Homes And Apartments:

Texarkana Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
48.93% 2.34% 2 6
* 10 is highest

Rent & Ownership


Average Market Rent:
$924 / per month

Homeownership Rate

Owners 53.29
Renters 46.71
Vacant 16.06

Housing Market Details


Age of Homes

AGE OF Texarkana HOMES
2000 or Newer 17.4
1970 - 1999 44.7
1940 - 1969 32.8
1939 or Older 5.1

Types of Homes

Single-Family 66.9
Townhomes 2.8
Small Apt. Buildings 9.8
Apt. Complexes 17.9
Mobile Homes 2.5
Other 0.1

Home Size

No Bedroom 3.34
1 Bedroom 9.75
2 Bedrooms 27.59
3 Bedrooms 44.48
4 Bedrooms 13.43
5 or more bedrooms 1.43