# 401 E 3rd St, Texarkana, AR 71854

> **TL;DR:** 0bd/3ba commercial, $715,000 ($64/sqft), built 1925, 11,200 sqft.
> A/C. Est. $3,824/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $715,000 |
| Price/sqft | $64 |
| Bathrooms | 3 full |
| Square Feet | 11,200 |
| Year Built | 1925 |
| Lot Size | 13,504 sqft (0.31 acres) |
| Stories | 1 |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $3,615 |
| Estimated Insurance | $209 |
| **Total** | **$3,824** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1925
- 0.31 acre lot

## Description

### Agent Description
Rare opportunity to own a historic, income-producing commercial property in the heart of the Texarkana Entertainment District, one of the city's premier destinations for dining, nightlife, retail, events, and downtown revitalization. Offered at $715,000, this value-add investment combines immediate cash flow with exceptional upside, currently generating approximately $60,000 in annual income while 62% occupied. Based on estimated market rents, the property offers a projected pro forma annual income of $91,056 and an attractive 11.8% estimated pro forma cap rate, compared to its current 6.75% cap rate, creating an outstanding opportunity for investors. Originally constructed between 1925 and 1930, this historic property offers approximately 13,981 square feet, including 11,200 heated square feet, on 0.31 acres with approximately 138 feet of frontage on E. 3rd Street and 100 feet on Hazel Street. The flexible floor plan currently accommodates a CrossFit gym, event venue, office space, and occasional photography studio rentals, with potential for retail, restaurant, brewery, entertainment, creative office, fitness, mixed-use, or additional income-producing tenants. The existing tenant is on a one-year lease and has expressed interest in renewing, while the remaining vacant space provides an excellent lease-up opportunity. Recent capital improvements include a new metal roof (2023), new drainage gutter systems, updated electrical, three new 5-ton HVAC units, three remodeled restrooms with all-new plumbing, and new doors. Approximately 5-10 dedicated parking spaces serve the building, with abundant public parking across the street and additional parking available adjacent to the property as permitted by Commercial National Bank. Strategically located just minutes from the Texas state line, this property sits in the center of the Texarkana Entertainment District, placing tenants and customers within walking distance of restaurants & the momentum of downtown redevelopment.

## Location

- **Address:** 401 E 3rd St, Texarkana, AR 71854
- **County:** Miller
- **Neighborhood:** Original City
- **Coordinates:** 33.4245174, -94.0396701
- **Google Maps:** https://www.google.com/maps?q=33.4245174,-94.0396701

## Virtual Tour & Media

- **Video Tour:** tour.usamls.net/401-E-3rd-St-Texarkana-AR-71854/unbranded

## Listing Agent

- **Name:** Whitney Henderson
- **Brokerage:** MLM Real Estate
- **Phone:** 8709253512
- **Broker Phone:** 9033061454
- **Listing URL:** [View original listing](https://listings.listhub.net/pages/TBORAR/205703/?channel=propsimple)

## Photos

![401 E 3rd St - Photo 1](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f3594405778r.jpg)

![401 E 3rd St - Photo 2](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f2068989013r.jpg)

![401 E 3rd St - Photo 3](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f751420791r.jpg)

![401 E 3rd St - Photo 4](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f1260080179r.jpg)

![401 E 3rd St - Photo 5](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f4125454579r.jpg)

![401 E 3rd St - Photo 6](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f29525949r.jpg)

![401 E 3rd St - Photo 7](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f928248553r.jpg)

![401 E 3rd St - Photo 8](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f4068584000r.jpg)

![401 E 3rd St - Photo 9](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f488834849r.jpg)

![401 E 3rd St - Photo 10](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f3104495641r.jpg)

![401 E 3rd St - Photo 11](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f264048983r.jpg)

![401 E 3rd St - Photo 12](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f2690724796r.jpg)

![401 E 3rd St - Photo 13](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f3089771058r.jpg)

![401 E 3rd St - Photo 14](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f2293281524r.jpg)

![401 E 3rd St - Photo 15](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f2141882049r.jpg)

![401 E 3rd St - Photo 16](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f1435674676r.jpg)

![401 E 3rd St - Photo 17](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f4137297879r.jpg)

![401 E 3rd St - Photo 18](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f726962529r.jpg)

![401 E 3rd St - Photo 19](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f2495910362r.jpg)

![401 E 3rd St - Photo 20](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f1791224448r.jpg)

![401 E 3rd St - Photo 21](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f2709735876r.jpg)

![401 E 3rd St - Photo 22](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f3052201993r.jpg)

![401 E 3rd St - Photo 23](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f3959393961r.jpg)

![401 E 3rd St - Photo 24](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f2131469685r.jpg)

![401 E 3rd St - Photo 25](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f2281804670r.jpg)

![401 E 3rd St - Photo 26](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f2850441145r.jpg)

![401 E 3rd St - Photo 27](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f2106285027r.jpg)

![401 E 3rd St - Photo 28](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f1726610429r.jpg)

![401 E 3rd St - Photo 29](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f3797856692r.jpg)

![401 E 3rd St - Photo 30](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f497394105r.jpg)

![401 E 3rd St - Photo 31](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f3424543262r.jpg)

![401 E 3rd St - Photo 32](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f1634980962r.jpg)

![401 E 3rd St - Photo 33](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f4051539361r.jpg)

![401 E 3rd St - Photo 34](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f1879462788r.jpg)

![401 E 3rd St - Photo 35](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f676892772r.jpg)

![401 E 3rd St - Photo 36](http://lh.rdcpix.com/eabed0cdf9fbc3d029236df80a274336l-f1712349587r.jpg)

---

**MLS#:** 205703 | **Updated:** 2026-09-03
**Source:** listhub

*Copyright © 2026 Texarkana Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/401-e-3rd-st-texarkana-ar-71854-r205703)

---

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