Updated 2026 · Based on median market data for Texarkana, TX
The median monthly rent in Texarkana, TX is $1,140, translating to $13,680 in annual gross rental income per unit. The rent-to-price ratio is 0.65% — well below the 1% rule, making pure cash flow investing challenging at median prices.
Renters in Texarkana spend approximately 21% of the local median household income ($63,735) on rent. This is well below the 30% threshold, suggesting significant headroom for rent increases. Tenants can afford to pay more, which is bullish for landlords.
The vacancy rate in Texarkana is 5.8%. This is a healthy vacancy rate that indicates balanced supply and demand. You should be able to find quality tenants without extended vacancies, though expect normal turnover periods of 2-4 weeks between tenants. Population growth of 1.8% annually is actively adding rental demand.
Texarkana's GRM (price divided by annual rent) is 12.8x. A GRM between 12-16x is moderate and typical of balanced markets. Deals can work but you need to keep expenses controlled. For comparison, the national average GRM for investment-grade rentals is approximately 13-15x.
At the median rent of $1,140/mo, a single-family rental in Texarkana generates approximately $13,680 in gross annual income. After accounting for 5.8% vacancy ($793 lost), property taxes of $3,010, insurance (~$700), and maintenance (~$700), the estimated NOI is $8,477 per year, or $706/mo.
Texarkana vs Texas state average and national average across key investment metrics. Texarkana outperforms both benchmarks on cap rate.