1605 S Robison · Texarkana, TX
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 5/10 · Moderate
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 7/10 · Major
- Hot days now (above 112°F)
- 7 days/yr
- Hot days in 30 yrs
- 22 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +24.9/30.0
- 1% rule +9.4/10.0
- DSCR +8.1/10.0
- Livability +3.9/5.0
- Rent growth +2.9/5.0
- Condition / age +2.5/5.0
- Schools +1.8/10.0
- ARV discount +0.0/15.0
- Appreciation +0.0/10.0
$89,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome Home to Space and Versatility! Discover this generously sized 3-bedroom, 2-bathroom home located at 1605 S Robison Rd in Texarkana, TX. Designed for comfortable living and flexible use, this property is a homeowner's dream! You'll never run out of room with two separate living rooms offering distinct spaces for formal gatherings and casual relaxation. Need a dedicated office, play space, or media center? The additional den provides the perfect bonus area to suit your lifestyle needs. The home features three well-appointed bedrooms and two full bathrooms. Keep your vehicles safe and sound in the attached two-car garage, which also provides extra storage or workshop potential. Situated in a desirable Texarkana location, this house is ready for its new owners. Don't miss the opportunity to own a home with this much potential and functional space!
Key facts
- Additional den
- 8,712 sq ft lot
- 2 garage spots
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $90k.
Deal economics
- At list price, monthly cash flow is $193 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $90k).
- Recommended offer: $79k (12.0% below list) — sets the bar for market timing.
- Cap rate 8.9% vs local median 4.3% in Texarkana — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 77/100 on livability (#93 in TX, #3,241 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities D+, schools D, crime D.
- Liberty-Eylau ISD (urban): math 19% / reading 23% proficiency, ranked #772 of 826 in TX (top 94%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising (+1.6%/yr); 320 active listings in the ZIP; 137 units permitted in Bowie County in 2024 (5 in 5+ unit buildings).
- This rent runs 34% of the median local income ($46k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $622 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
Negotiation context
- It's been on market 126 days — a 12% lower offer ($79k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts; this cycle's ask has dropped $35k (28%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: property tax is 4.3% of price.
- Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 126 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.44% ✓
- Cap rate
- 8.86%
- Cash-on-cash
- 9.19%
- DSCR
- 1.41
- GRM
- 5.8
CMA / ARV
- ARV (median comp)
- $63,194
- List price
- $89,900
- Delta
- 42.26%
- Verdict
- OVERPRICED
- Comps
- 1 within 2.0 mi
Projected returns pro-forma
-3.0% appreciation · 1.63% rent growth · sell at horizon
- IRR
- -4.2%
- Equity multiple
- 0.84×
- Total profit
- $-3,909
- Equity at exit
- $13,404
- IRR
- 3.5%
- Equity multiple
- 1.24×
- Total profit
- $5,967
- Equity at exit
- $7,773
Cash invested: $25,172 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 87 Strongly Landlord-Friendly
- State Texas
- 87 Strongly Landlord-Friendly · R+5
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 75501
- Home prices YoY
- -34.9%
- Rents YoY
- 1.6%
- Active inventory
- 320
- Price-to-rent
- 5.8×
Monthly cashflow live
- Estimated rent
- $1,295 medium interval (Pro) →
- Mortgage (P&I)
- −$471
- Tax from tax record
- −$322 /mo · $3,862/yr
- Insurance
- −$37
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$272
- Net cashflow
- $193
Break-even live
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $22,475
- Closing costs
- $2,697
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Listing history 29 events
-
2026-06-19days on market $89,900 Active 126 DOM
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2026-06-18days on market $89,900 Active 125 DOM
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2026-06-17days on market $89,900 Active 124 DOM
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2026-06-16days on market $89,900 Active 123 DOM
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2026-06-15days on market $89,900 Active 122 DOM
-
2026-06-14days on market $89,900 Active 120 DOM
-
2026-06-13days on market $89,900 Active 119 DOM
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2026-06-10days on market $89,900 Active 117 DOM
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2026-06-09days on market $89,900 Active 116 DOM
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2026-06-08days on market $89,900 Active 115 DOM
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2026-06-07days on market $89,900 Active 114 DOM
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2026-06-02days on market $89,900 Active 109 DOM
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2026-06-01days on market $89,900 Active 108 DOM
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2026-05-31days on market $89,900 Active 107 DOM
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2026-05-30days on market $89,900 Active 106 DOM
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2026-04-22price $89,900 865-char remark
Show marketing remark (865 chars)
Welcome Home to Space and Versatility! Discover this generously sized 3-bedroom, 2-bathroom home located at 1605 S Robison Rd in Texarkana, TX. Designed for comfortable living and flexible use, this property is a homeowner's dream! You'll never run out of room with two separate living rooms offering distinct spaces for formal gatherings and casual relaxation. Need a dedicated office, play space, or media center? The additional den provides the perfect bonus area to suit your lifestyle needs. The home features three well-appointed bedrooms and two full bathrooms. Keep your vehicles safe and sound in the attached two-car garage, which also provides extra storage or workshop potential. Situated in a desirable Texarkana location, this house is ready for its new owners. Don't miss the opportunity to own a home with this much potential and functional space!
-
2026-04-21price $89,900 865-char remark
Show marketing remark (865 chars)
Welcome Home to Space and Versatility! Discover this generously sized 3-bedroom, 2-bathroom home located at 1605 S Robison Rd in Texarkana, TX. Designed for comfortable living and flexible use, this property is a homeowner's dream! You'll never run out of room with two separate living rooms offering distinct spaces for formal gatherings and casual relaxation. Need a dedicated office, play space, or media center? The additional den provides the perfect bonus area to suit your lifestyle needs. The home features three well-appointed bedrooms and two full bathrooms. Keep your vehicles safe and sound in the attached two-car garage, which also provides extra storage or workshop potential. Situated in a desirable Texarkana location, this house is ready for its new owners. Don't miss the opportunity to own a home with this much potential and functional space!
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2026-04-21price $89,900
Show marketing remark (865 chars)
Welcome Home to Space and Versatility! Discover this generously sized 3-bedroom, 2-bathroom home located at 1605 S Robison Rd in Texarkana, TX. Designed for comfortable living and flexible use, this property is a homeowner's dream! You'll never run out of room with two separate living rooms offering distinct spaces for formal gatherings and casual relaxation. Need a dedicated office, play space, or media center? The additional den provides the perfect bonus area to suit your lifestyle needs. The home features three well-appointed bedrooms and two full bathrooms. Keep your vehicles safe and sound in the attached two-car garage, which also provides extra storage or workshop potential. Situated in a desirable Texarkana location, this house is ready for its new owners. Don't miss the opportunity to own a home with this much potential and functional space!
-
2026-03-19price $99,900 865-char remark
Show marketing remark (865 chars)
Welcome Home to Space and Versatility! Discover this generously sized 3-bedroom, 2-bathroom home located at 1605 S Robison Rd in Texarkana, TX. Designed for comfortable living and flexible use, this property is a homeowner's dream! You'll never run out of room with two separate living rooms offering distinct spaces for formal gatherings and casual relaxation. Need a dedicated office, play space, or media center? The additional den provides the perfect bonus area to suit your lifestyle needs. The home features three well-appointed bedrooms and two full bathrooms. Keep your vehicles safe and sound in the attached two-car garage, which also provides extra storage or workshop potential. Situated in a desirable Texarkana location, this house is ready for its new owners. Don't miss the opportunity to own a home with this much potential and functional space!
-
2026-03-19price $99,900 865-char remark
Show marketing remark (865 chars)
Welcome Home to Space and Versatility! Discover this generously sized 3-bedroom, 2-bathroom home located at 1605 S Robison Rd in Texarkana, TX. Designed for comfortable living and flexible use, this property is a homeowner's dream! You'll never run out of room with two separate living rooms offering distinct spaces for formal gatherings and casual relaxation. Need a dedicated office, play space, or media center? The additional den provides the perfect bonus area to suit your lifestyle needs. The home features three well-appointed bedrooms and two full bathrooms. Keep your vehicles safe and sound in the attached two-car garage, which also provides extra storage or workshop potential. Situated in a desirable Texarkana location, this house is ready for its new owners. Don't miss the opportunity to own a home with this much potential and functional space!
-
2026-03-19price $99,900
Show marketing remark (865 chars)
Welcome Home to Space and Versatility! Discover this generously sized 3-bedroom, 2-bathroom home located at 1605 S Robison Rd in Texarkana, TX. Designed for comfortable living and flexible use, this property is a homeowner's dream! You'll never run out of room with two separate living rooms offering distinct spaces for formal gatherings and casual relaxation. Need a dedicated office, play space, or media center? The additional den provides the perfect bonus area to suit your lifestyle needs. The home features three well-appointed bedrooms and two full bathrooms. Keep your vehicles safe and sound in the attached two-car garage, which also provides extra storage or workshop potential. Situated in a desirable Texarkana location, this house is ready for its new owners. Don't miss the opportunity to own a home with this much potential and functional space!
-
2026-02-19price $114,900 865-char remark
Show marketing remark (865 chars)
Welcome Home to Space and Versatility! Discover this generously sized 3-bedroom, 2-bathroom home located at 1605 S Robison Rd in Texarkana, TX. Designed for comfortable living and flexible use, this property is a homeowner's dream! You'll never run out of room with two separate living rooms offering distinct spaces for formal gatherings and casual relaxation. Need a dedicated office, play space, or media center? The additional den provides the perfect bonus area to suit your lifestyle needs. The home features three well-appointed bedrooms and two full bathrooms. Keep your vehicles safe and sound in the attached two-car garage, which also provides extra storage or workshop potential. Situated in a desirable Texarkana location, this house is ready for its new owners. Don't miss the opportunity to own a home with this much potential and functional space!
-
2026-02-18price $114,900
Show marketing remark (865 chars)
Welcome Home to Space and Versatility! Discover this generously sized 3-bedroom, 2-bathroom home located at 1605 S Robison Rd in Texarkana, TX. Designed for comfortable living and flexible use, this property is a homeowner's dream! You'll never run out of room with two separate living rooms offering distinct spaces for formal gatherings and casual relaxation. Need a dedicated office, play space, or media center? The additional den provides the perfect bonus area to suit your lifestyle needs. The home features three well-appointed bedrooms and two full bathrooms. Keep your vehicles safe and sound in the attached two-car garage, which also provides extra storage or workshop potential. Situated in a desirable Texarkana location, this house is ready for its new owners. Don't miss the opportunity to own a home with this much potential and functional space!
-
2026-02-18price $114,900 865-char remark
Show marketing remark (865 chars)
Welcome Home to Space and Versatility! Discover this generously sized 3-bedroom, 2-bathroom home located at 1605 S Robison Rd in Texarkana, TX. Designed for comfortable living and flexible use, this property is a homeowner's dream! You'll never run out of room with two separate living rooms offering distinct spaces for formal gatherings and casual relaxation. Need a dedicated office, play space, or media center? The additional den provides the perfect bonus area to suit your lifestyle needs. The home features three well-appointed bedrooms and two full bathrooms. Keep your vehicles safe and sound in the attached two-car garage, which also provides extra storage or workshop potential. Situated in a desirable Texarkana location, this house is ready for its new owners. Don't miss the opportunity to own a home with this much potential and functional space!
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2026-02-12status Active
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2026-01-07status Pending
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2025-11-20$124,900 New Listing 865-char remark
Show marketing remark (865 chars)
Welcome Home to Space and Versatility! Discover this generously sized 3-bedroom, 2-bathroom home located at 1605 S Robison Rd in Texarkana, TX. Designed for comfortable living and flexible use, this property is a homeowner's dream! You'll never run out of room with two separate living rooms offering distinct spaces for formal gatherings and casual relaxation. Need a dedicated office, play space, or media center? The additional den provides the perfect bonus area to suit your lifestyle needs. The home features three well-appointed bedrooms and two full bathrooms. Keep your vehicles safe and sound in the attached two-car garage, which also provides extra storage or workshop potential. Situated in a desirable Texarkana location, this house is ready for its new owners. Don't miss the opportunity to own a home with this much potential and functional space!
-
2025-11-20$124,900 Active 865-char remark
Show marketing remark (865 chars)
Welcome Home to Space and Versatility! Discover this generously sized 3-bedroom, 2-bathroom home located at 1605 S Robison Rd in Texarkana, TX. Designed for comfortable living and flexible use, this property is a homeowner's dream! You'll never run out of room with two separate living rooms offering distinct spaces for formal gatherings and casual relaxation. Need a dedicated office, play space, or media center? The additional den provides the perfect bonus area to suit your lifestyle needs. The home features three well-appointed bedrooms and two full bathrooms. Keep your vehicles safe and sound in the attached two-car garage, which also provides extra storage or workshop potential. Situated in a desirable Texarkana location, this house is ready for its new owners. Don't miss the opportunity to own a home with this much potential and functional space!
-
2025-11-20$124,900 Active
Show marketing remark (865 chars)
Welcome Home to Space and Versatility! Discover this generously sized 3-bedroom, 2-bathroom home located at 1605 S Robison Rd in Texarkana, TX. Designed for comfortable living and flexible use, this property is a homeowner's dream! You'll never run out of room with two separate living rooms offering distinct spaces for formal gatherings and casual relaxation. Need a dedicated office, play space, or media center? The additional den provides the perfect bonus area to suit your lifestyle needs. The home features three well-appointed bedrooms and two full bathrooms. Keep your vehicles safe and sound in the attached two-car garage, which also provides extra storage or workshop potential. Situated in a desirable Texarkana location, this house is ready for its new owners. Don't miss the opportunity to own a home with this much potential and functional space!
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast TX · Resets to sale price
- Current annual tax
- $3,862 · $322/mo
- Projected year-2 tax
- $3,862 · $322/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 5/10 Major
- Heat 7/10 Severe 7 d/yr ≥112°F today · 22 d/yr by 30 yrs out
- Wind 6/10 Major 27% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $15,546
- − Mortgage interest
- −$5,036
- − Property taxes
- −$3,862
- − Insurance
- −$450
- − Repairs & maintenance
- −$1,244
- − Management
- −$1,244
- − Depreciation
- −$2,615
- Taxable income
- $1,096
- Est. tax owed @ 24.0%
- −$263
- After-tax cash flow
- $2,049/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Liberty-Eylau ISD
- NCES district ID
- 4827390
- Math proficiency
- 19% ▼ -11.00%
- Reading proficiency
- 23% ▼ -8.00%
- Median HH income
- $38,285
- Composite
- 17.61/100
- National rank
- #9037
- State rank
- #772 of 826 in TX
Livability — Texarkana
- Score
- 77/100
- State rank
- #93
- US rank
- #3241
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Texarkana, TX
- County
- Bowie County · 61,238 people
- City population
- 61,238
- Metro
- Texarkana, TX-AR
- Population (ZIP)
- 34,866
- Household income
- $45,995
- Rent vs Own
- Severe rent burden
- 1289.0
Population outlook (Bowie County) Hauer SSP2
- Today (2025)
- 94,699 people
- By 2030
- 94,824 · +0.1%
- By 2040
- 94,870 · +0.2%
- By 2050
- 93,686 · -1.1%
- By 2075
- 90,082 · -4.9%
- By 2100
- 76,579 · -19.1%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.59)
- Race & ethnicity
- White 54% Black 33% Hispanic / Latino 9% Two or more races 5%
- Hispanic origin (detail)
- Mexican 7%
- Common ancestry
- Italian 1% Lithuanian 1% Portuguese 1%
- Foreign-born
- 5% · Canada
- Languages at home
- 92% English-only · Spanish 6% Other Indo-European 1%
Political lean MEDSL · Bowie
- 2024 margin
- Solid R (+48.7) · D 25.3% · R 74.0%
- 2008→2024 swing
- -10.8pp toward R · 2008: -37.9pp · 2024: -48.7pp
- All cycles
- 2024: R+48.7 2020: R+42.8 2016: R+46.6 2012: R+41.5 2008: R+37.9
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -79.14%
- Current HPI
- 147.9402
- Rent YoY
- ▲ 1.63%
- Metro
- Texarkana, TX-AR
- State GDP YoY
- ▲ 3.95%
- F500 in state
- 110
Industry mix (Fortune 500 HQ in TX)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Energy | 16 | $1,198B |
|
||
| Technology | 5 | $198B |
|
||
| Engineering / Construction | 4 | $72B |
|
||
| Energy Services | 3 | $60B |
|
||
| Utilities | 3 | $41B |
|
||
| Healthcare | 2 | $330B |
|
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Price history
-28.0% since first listed14 events — show timeline
- 2026-04-22 Price Changed $89,900 CARMLS
- 2026-04-21 Price Changed $89,900 LAAR
- 2026-04-21 Price Changed $89,900 TBOR
- 2026-03-19 Price Changed $99,900 CARMLS
- 2026-03-19 Price Changed $99,900 LAAR
- 2026-03-19 Price Changed $99,900 TBOR
- 2026-02-19 Price Changed $114,900 CARMLS
- 2026-02-18 Price Changed $114,900 TBOR
- 2026-02-18 Price Changed $114,900 LAAR
- 2026-02-12 Relisted — TBOR
- 2026-01-07 Pending — TBOR
- 2025-11-20 Listed $124,900 TBOR
- 2025-11-20 Listed $124,900 LAAR
- 2025-11-20 Listed $124,900 CARMLS
Property tax history
+3.4%/yrLatest (2025): $3,862 · +3.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…