Real Estate Investing in Texarkana, Arkansas (71854)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Miller County • Population: 35,487 • Data updated: September 2026

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Should you buy in 71854 (Texarkana, AR)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (60/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • High vacancy: 19.5% of homes vacant — above national norms.

What’s happening in Texarkana, AR (71854)?

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3.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $164,971
Avg Monthly Rent $1,204
1% Rule ✗ Does Not Meet
Median Income $46,207
% Renters 37.0%

Market Analysis: 71854 Texarkana

ZIP 71854 in Texarkana, AR carries a sturdy set of headwinds. Home values near $165K and rents of $1,204/mo sit inside a market where underwriting has to be tight.

Stepping back, the numbers look inviting — $165K purchase price, 0.0% nominal cap — the work to hit that pro forma in 71854 is substantial and deserves full respect.

The gap between 71854 and stronger Texarkana ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

In practical terms, 35,487 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

Experienced landlords with local relationships tend to find 71854 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Texarkana:

C+ Average
Buy Confidence Score: 63/100
Affordability
15/25
Appreciation
14/25
Stability
13/20
Timing
6/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.6× the median income
Value Trend
Stable (+1.8%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,204/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Texarkana, TX-AR Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
6.3%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Texarkana, TX-AR metro data
🏠

Property Strategy for 71854

Which property type performs best in this market?

Best for Cash Flow
2BR
6.9% cap rate
Best for Appreciation
2BR
+7.4% 5yr CAGR
Best Overall Value
2BR
$55,621/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $111,241 $1,060 6.9% +7.4% $55,621
3BR $205,561 $1,320 4.6% +6.4% $68,520
4BR $323,895 $1,600 3.6% +6.7% $80,974

Market Trends

Home Value History (with trend line)

$176K$161K$146K$132K$117K$102KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,474$1,405$1,335$1,266$1,197$1,127Oct 2025Mar 2026Jul 2026

📊 How Does 71854 Compare?

Metric 71854 Texarkana Texarkana, TX-AR Arkansas
Home Value $164,971 $41,243 N/A $216,341
5-Year CAGR 1.5% 1.5% N/A 5.7%
Avg Rent $1,204 $1,204 N/A -
Cap Rate 5.7% 5.7% - -
💡 Why Invest in 71854? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

A healthy rental market with 37% renter-occupied households ensures tenant availability.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 71854 (Texarkana, AR). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
5.7%
Fair
5yr Growth
+1.5%
Slow

📊 Market Snapshot

Home Value $164,971
Monthly Rent $1,204
Price-to-Rent 11.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 8.8%
Cap Rate 5.7%
5-Year IRR 7.2%

📈 Home Appreciation

1-Year +1.8% ▲
3-Year CAGR -0.6% ▼
5-Year CAGR +1.5% ▲
10-Year CAGR +3.6% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 5.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
19.5%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+1.5%
Flat
Eviction process: Fast Rent control: Favorable

Demographics in 71854

Population: 35,487

💰 Median Household Income
$46,207
This area
$46,207
State
$52,981
USA
$74,580
🏠 Renter Occupied
37.0%
This area
37.0%
State
24.2%
USA
34.0%
💼 Unemployment Rate
4.1%
This area
4.1%
State
-21.7%
USA
3.7%
🎓 College Educated
15.9%
This area
15.9%
State
-9.2%
USA
33.7%
👤 Median Age
39.8 years
This area
39.8 years
State
3.7 years
USA
38.9 years
🏚️ Vacancy Rate
19.5%
This area
19.5%
State
22.6%
USA
10.5%
👥 Population by Ethnicity
White 65.2%
Black/African American 28.6%
Other/Mixed 5.8%
Hispanic/Latino 3.4%
Asian 0.4%
👶 Under 18
23.7%
This area
23.7%
USA
22.0%
👴 65 and Over
17.0%
This area
17.0%
USA
17.3%
📊 Poverty Rate
17.6%
This area
17.6%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 71854

B+ Avg School Grade
12 Schools
13.2:1 Avg Class Size
$14,741 Avg Per Pupil

Schools in This ZIP Code

A Very Good

FAIRVIEW ELEMENTARY SCHOOL

📚 K – 05 Elementary
👥
236 Students
👨‍🏫
11.3:1 Class Size
💰
$14,288 Per Student
A Very Good

GENOA CENTRAL HIGH SCHOOL

📚 10 – 12 High School
👥
263 Students
👨‍🏫
6.4:1 Class Size
💰
$15,384 Per Student
A Very Good

COLLEGE HILL HARMONY LEADERSHIP ACADEMY

📚 K – 05 Elementary
👥
412 Students
👨‍🏫
13.4:1 Class Size
💰
$14,288 Per Student
A Very Good

EDWARD D. TRICE ELEMENTARY SCHOOL

📚 K – 05 Elementary
👥
512 Students
👨‍🏫
14.2:1 Class Size
💰
$14,288 Per Student
B+ Above Average

ARKANSAS MIDDLE SCHOOL

📚 06 – 08 Middle
👥
876 Students
👨‍🏫
12.5:1 Class Size
💰
$14,288 Per Student
B+ Above Average

GENOA CENTRAL JUNIOR HIGH

📚 07 – 09 High School
👥
278 Students
👨‍🏫
13.8:1 Class Size
💰
$15,384 Per Student
B+ Above Average

NORTH HEIGHTS COMMUNITY SCHOOL

📚 K – 05 Elementary
👥
240 Students
👨‍🏫
14.6:1 Class Size
💰
$14,288 Per Student
B+ Above Average

GENOA CENTRAL ELEM. SCHOOL

📚 K – 03 Elementary
👥
383 Students
👨‍🏫
16.3:1 Class Size
💰
$15,384 Per Student
B+ Above Average

VERA KILPATRICK ELEM. SCHOOL

📚 K – 05 Elementary
👥
374 Students
👨‍🏫
15.5:1 Class Size
💰
$14,288 Per Student
B+ Above Average

COLLEGE HILL PRE-K CENTER

📚 Grade PK Elementary
👥
154 Students
👨‍🏫
14.7:1 Class Size
💰
$14,288 Per Student
B+ Above Average

GARY E. COBB MIDDLE SCHOOL

📚 04 – 06 School
👥
261 Students
👨‍🏫
16.1:1 Class Size
💰
$15,384 Per Student
B+ Above Average

PREMIER HIGH SCHOOL OF TEXARKANA

📚 09 – 12 High School Charter
👥
68 Students
👨‍🏫
9.5:1 Class Size
💰
$15,336 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

4 Nearby 2,062 Off-Campus Students
C
Texarkana College
3,882 students · 10.0 mi
C
Tonsorial Arts Barber College
107 students · 10.1 mi
C
Texas A&M University-Texarkana
2,109 students · 11.9 mi
C
Cosmetology Academy of Texarkana
55 students · 13.1 mi

Investor Insight: With 2,062 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Is real estate in Texarkana, AR a good investment right now?

Texarkana, AR scores 3.0/5 for investability. Home values sit at $165K and rents near $1,204/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

How do home values compare in Texarkana, AR?

Homes in Texarkana, AR typically sell near $165K. Prices have moved at a 0.0% 5-year CAGR, which reliable long-term demand.

What strategy should investors use in Texarkana, AR?

Investors usually favor careful cash-flow rentals with hands-on management in Texarkana, AR. With home values at $165K and rents near $1,204/mo, other strategies can work but produce stable rather than outsized returns.

Does house hacking work in Texarkana, AR?

House hacking works a challenging in Texarkana, AR. Rents of $1,204/mo against $165K acquisition make the strategy solid for owner-occupants.

What monthly rent should investors expect in Texarkana, AR?

Rental rates in Texarkana, AR average $1,204/mo. Tenant demand and $165K home values make the yield look reasonable by investor standards.

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How 71854 ranks in Texarkana, TX-AR

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Cash Flow → Appreciation → Affordable →
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