About This Home

This 4-bedroom, 2-bathroom multi-family at 416 N FM 251 in Atlanta, TX is listed for $249,900. Built in 1957, on a 3.00 acres lot.

Key Features

  • Built in 1957
  • 3.00 acre lot

Property Details

2 full
1957

Amenities

A/C
Listing Description

Endless Potential on 4 acres - Duplex + Land in Atlanta, TX Located at 416 FM 251 N in Atlanta, TX, this versatile property is bursting with potential and ready for your vision. Sitting on 4 acres, the centerpiece is a remodeled duplex (2023) featuring two 2-bed, 1-bath units that are fully leased, each with their own driveway, privacy fenced backyard, and comfortable living space.

One unit includes a 2 car garage, while the other offers open parking. A deep well supplies water to both units. Each unit has their own laundry room. Beyond the duplex, the property really shines with its expansion potential. A 30x30 shop with water and electricity adds versatility, and the .3 acre pond tucked toward the back creates a perfect focal point for something special.

Imagine a cluster of tiny homes nestled around the pond, offering peaceful, scenic living and a unique rental experience. With space for RV hookups or additional units, this setup is ideal for creating a tiny home village, short term rentals, or even a small retreat.

The location combines country charm with everyday convenience - a blueberry farm is just down the road, and you're less than 5 miles from three great schools. Plus it's a quick drive to Texarkana or Shreveport, and under 3 hours to Dallas or Little Rock. Whether you're an investor, developer, or someone dreaming of building a getaway, this is a rare opportunity to own a move-in ready income property with room to grow- literally!

Monthly Cost Estimate

$1,337/mo

20% down · 6.5% · 30 years

Principal$181
Interest$1,083
Insurance$73

Estimates only. Actual payments may vary.

Location

416 N FM 251

Atlanta, TX 75551

WILLIS PITMAN SURV A-824

Property Details

Flooring

PlankVinyl

Construction

Brick

Parking

OpenGarage

Heating

CentralElectric (Heating)

Cooling

ElectricCentral Air

Appliances

RefrigeratorOvenRangeDishwasher

Questions & Answers

This 4-bedroom, 2-bathroom multi-family at 416 N FM 251 is listed at $249,900. The estimated monthly payment is $1,337 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1957, 3.00 acre lot.

This property is listed by Montana Whatley.

MW

Montana Whatley

Agent at MLM Real Estate

Listed by MLM Real Estate · Broker phone: 9036509905 · View on Broker Site

MLS# 117501· Source: Texarkana Board of Realtors· 5 days on PropertySimple

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.

416 N FM 251, Atlanta, TX 75551

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