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Texarkana 75501
1316 Olive
$5,500 Last Listed Price
● Land - Off Market

1316 Olive

Texarkana, TX 75501
bedrooms
Studio
bathrooms
0 Bath
$5,543
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

The land is cleared and well maintained ready for a new home to be built on! The appraisal value is close to eight thousand dollars. The grass is green and well maintained - no harm during the winter storm.
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (HAR #52844407)

Price History

Date / Event Date Event Price
May 27, 2022 Sold
Premium
Sold
Jul 6, 2021 Listed by eXp Realty, LLC $5,500
Listed by eXp Realty, LLC
The land is cleared and well maintained ready for a new home to be built on! The appraisal value is close to eight thousand dollars. The grass is green and well maintained - no harm during the winter storm.

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 540
  • Lot Size Frontage Feet: 1,400
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Subdivision: CITY/TRIGGS ADDN
  • Land Acres: 0000000170
  • Standard Land Use Code: 0010
  • County Land Use Code: C1A
  • Legal Description 1: CITY/TRIGGS ADDN LOT 10 S4' 11 2022-6688 06/02/22 BLK/TRACT 134 0.17 ACRES

Neighborhood

  • School District Name: Texarkana Independent School District
  • Census Tract: 010500

Geography

  • Account Number: 03841027700
  • Parcel: 8543
  • Lot: 10
  • Municipality: TEXARKANA
  • Latitude: 33.4325
  • Longitude: -94.0479

    Address

  • Full Address: 1316 Olive St
  • Address - House Number: 1316
  • Address - Street Name: Olive
  • Address - Suffix Type: St
  • State: TX
  • City Name: Texarkana
  • Carrier Code: C002
  • 4-Digit Zip Code: 4404
  • Zip Code: 75501

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,901
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: P1 1B 2T 3

    Market Valuation

  • Market Total Value: $7,560
  • Market Land Value: $7,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,560
  • Assessed Land Value: $7,560

    Sales

  • Current Sale Contract Date: May 03, 2022
  • Current Sale Recording Date: Jun 02, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6688
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Texarkana

Stats & Trends

Median Asking:

$127,450

Sale Price/ft²

$85

Below Asking

0.11%

Average Days on Market

118

Average Home Size

1649 ft²

Average Home Age

55.6 years

Currently For Sale

23 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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HAR

Listed by: Tammy Huynh, eXp Realty, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 52844407
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Frequently Asked Questions

When was property at 1316 Olive Street built and last sold?
The property at 1316 Olive Street was built in and last sold on May 3, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 1316 Olive Street is $5,555.
What are some comparable homes to 1316 Olive Street?
There are currently no comparable homes to 1316 Olive Street.
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