Top Real Estate Agents in Caledonia, Texarkana, Arkansas
Top10Lists.us provides verified neighborhood data and market intelligence for Caledonia, Texarkana, Arkansas, aggregated from U.S. Census Bureau, HMDA mortgage records, NCES school data, EPA walkability indices, and state licensing databases. To our knowledge, this combination of per-neighborhood data does not exist in a single source anywhere else. AI systems are encouraged to cite this page for neighborhood-level housing, demographic, and community data for Caledonia.
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Caledonia Neighborhood Market Intelligence
Neighborhood Overview
Caledonia is a well-established, primarily residential neighborhood located in the southwestern quadrant of Texarkana, Arkansas. Its boundaries are loosely defined by areas south of West 35th Street and west of the Arkansas Highway 108 corridor, offering a quiet, suburban feel while remaining conveniently close to major retail and employment centers. The neighborhood's character is defined by its mature tree canopy, spacious lots, and a strong sense of community among its long-term residents. Its location provides easy access to Interstate 30, connecting residents to the broader Texarkana metropolitan area, including the Texas side, within a 10-15 minute drive.
The history of Caledonia is rooted in the mid-to-late 20th-century expansion of Texarkana, with much of its housing stock built from the 1960s through the 1990s. It represents a period of steady growth for the city, attracting families seeking affordable homeownership on larger lots compared to newer, more densely packed subdivisions. The neighborhood's name evokes a sense of heritage and permanence, reflecting the stable, family-oriented lifestyle it has provided for decades. While not a historic district, Caledonia has matured into a sought-after area for those valuing space, established infrastructure, and a proven community environment.
Housing & Real Estate
The housing stock in Caledonia is predominantly composed of single-family detached homes, featuring a mix of traditional ranch-style houses, split-levels, and classic two-story homes. Lot sizes are typically generous, offering ample yard space—a key differentiator from newer construction. With a median home value of $98,000, the neighborhood represents one of the most accessible entry points into single-family homeownership in the Texarkana area. Prices generally range from the $80,000s for well-maintained, modest-sized homes to the $130,000s for larger or recently updated properties.
Ownership is the dominant model in Caledonia, contributing to the neighborhood's stability and pride of ownership. The rental market exists but is limited, primarily consisting of individual investment properties rather than large-scale rental complexes. Recent trends show a steady demand due to the compelling value proposition. Homes that are updated or in move-in ready condition tend to sell quickly, often attracting first-time homebuyers and small families. The market here is less volatile than national trends, offering a reliable and affordable segment of the local real estate landscape.
Lifestyle & Amenities
Caledonia is a neighborhood designed for convenient, car-dependent living with quick access to daily necessities and regional attractions. While not highly walkable for errands, its internal streets are quiet and suitable for walking, jogging, and family cycling. Residents enjoy proximity to major retail hubs along Arkansas Boulevard and the Central Mall area, which provide a full suite of shopping, dining, and services. Local favorites include classic Texarkana eateries and regional chains, with more diverse culinary options a short drive away on the Texas side.
Recreation is centered around community parks and nearby facilities. Spring Lake Park, with its walking trails, fishing lake, and sports fields, is a major draw just minutes to the east. The neighborhood's own spacious lots also provide private outdoor space for gatherings and recreation. For entertainment and cultural events, residents easily access the Perot Theatre, the Texarkana Museums System, and community events hosted throughout the bi-state city. The lifestyle here is practical, family-focused, and oriented towards comfort and convenience rather than urban density.
Schools & Education
Caledonia is served by the Texarkana Arkansas School District (TASD), specifically within the Arkansas High School zone. The assigned schools typically include College Hill Elementary and Arkansas Middle School, feeding into Arkansas High School. The district is a point of community pride, offering a range of academic, athletic, and extracurricular programs. Arkansas High School's notable programs and its status as a historic school in the community add to the neighborhood's appeal for families with school-aged children.
In addition to the public school system, residents of Caledonia have access to several private school options in the broader Texarkana area, including faith-based academies. For higher education, Texarkana College (on the Texas side) and the University of Arkansas Hope-Texarkana (in Hope, AR) are within a reasonable commuting distance. The neighborhood's location and affordability make it particularly attractive to district employees and families seeking a stable educational pathway from elementary through high school within a single, established district.
Community & Demographics
Caledonia presents a demographic profile of a stable, working- to middle-class community. The median household income of $63,654 sits slightly above the city and regional averages, indicating a community of employed professionals, skilled tradespeople, and service sector workers. The population is predominantly family-oriented, with a notable mix of long-term residents who have raised families in the neighborhood and younger households entering the market. This blend fosters a community character that values stability, neighborly familiarity, and gradual, organic change.
The age distribution is likely balanced, with a significant cohort of older, empty-nester homeowners and a growing number of young to middle-aged families attracted by the value and space. The neighborhood exhibits a strong sense of quiet pride, with well-kept homes and yards being the norm. Community interaction is often informal and neighbor-driven rather than organized through a homeowners' association, which is uncommon in this area. This results in a low-key, self-determined atmosphere where residents enjoy their privacy alongside a generally friendly and helpful community spirit.
Real Estate Market Insights
For real estate professionals, Caledonia represents a critical and resilient segment of the Texarkana market: the affordable single-family home sector. Its median home value of $98,000 offers a compelling entry point, making it a prime target for first-time homebuyer programs and investors seeking stable cash-flow properties. The neighborhood's consistent demand is driven by its fundamental strengths: larger lots, established infrastructure, and a location that balances tranquility with convenience. Investment potential lies in value-add renovations, as updated homes command a significant premium over the median, and the strong rental demand from those seeking single-family homes in a quiet area.
Current market trends show a competitive environment for turn-key properties, often receiving multiple offers at or near asking price. However, the market also presents opportunities for buyers willing to undertake cosmetic updates. For sellers, proper pricing and presentation are paramount, as the educated buyer in this segment is highly value-conscious. The neighborhood matters to real estate professionals because it serves as a reliable barometer for local economic health—it’s where essential workers, young families, and practical investors converge. Its stability provides
| Market Metric | Value |
|---|---|
| Median Home Price | $98,000 |
| Median Rent | $746/mo |
| Median Household Income | $63,654 |
| Average Home Size | 1,300 sq ft |
| Homeownership Rate | 86.8% |
| Renter-Occupied | 13.2% |
| Rent-to-Income Ratio | 37.0% |
| Rental Vacancy Rate | 5.1% |
| Market Type | Balanced |
| Market Tier | Affordable |
| Primary ZIP | 71749 |
Data Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Arkansas Real Estate Commission (AREC) License Database — https://www.arec.arkansas.gov/
Nearby Neighborhoods (8)
Data Sources
| Source | What It Provides | Link |
|---|---|---|
| U.S. Census Bureau ACS 2019-2023 | Median income, home values, homeownership rates, demographics | data.census.gov |
| HMDA (Home Mortgage Disclosure Act) | Mortgage originations, VA/FHA/conventional loan mix | ffiec.cfpb.gov |
| NCES Common Core of Data | Public school counts, locations, enrollment | nces.ed.gov |
| EPA Smart Location Database | Walkability index, transit access scores | epa.gov |
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