Top Real Estate Agents in Wallace, Texarkana, Arkansas
Top10Lists.us provides verified neighborhood data and market intelligence for Wallace, 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 Wallace.
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Wallace Neighborhood Market Intelligence
Your Guide to Wallace, Texarkana, Arkansas
Welcome to Wallace
Nestled on the Arkansas side of the vibrant Texarkana metropolitan area, Wallace is a community that embodies the charm and friendly spirit of the Natural State. This neighborhood offers a distinct blend of suburban tranquility and convenient city access, providing residents with the best of both worlds. Its location within the larger Texarkana region means you're never far from the cultural and economic heartbeat of the twin cities.
Wallace is characterized by its tree-lined streets, a mix of architectural styles, and a strong sense of community. Residents enjoy the slower pace and neighborly atmosphere while benefiting from the shared resources and identity of Texarkana. The area's rich history is woven into the fabric of daily life, from its local businesses to its community gatherings, making it more than just a place to live—it's a place to belong.
Lifestyle & Amenities
Life in Wallace revolves around community and convenience. Residents have easy access to the full array of shopping, dining, and entertainment options that Texarkana is known for, including the Central Mall area and a variety of local favorites serving up classic Southern cuisine and barbecue. For outdoor enthusiasts, nearby parks, Spring Lake Park, and the opportunities for fishing and boating on the region's many lakes provide a perfect weekend escape.
The community calendar in the Texarkana area is bustling with events, from the Four States Fair & Rodeo to seasonal festivals and farmers markets, ensuring there's always something to do. Wallace itself fosters a lifestyle where neighbors know each other, and front-porch conversations are a common pleasure. This creates a supportive and engaging environment perfect for families, professionals, and retirees alike.
Real Estate Market
The real estate landscape in Wallace offers a appealing variety, typically featuring single-family homes with generous lot sizes, reflecting the area's more spacious, suburban feel. The market here is often seen as an attractive value compared to some neighboring regions, providing an opportunity for homeownership and investment in a stable community. Properties range from charming mid-century homes to newer constructions, catering to diverse tastes and needs.
While specific median income and home value data for the precise Wallace area is not formally tracked separately, the market is influenced by the broader Texarkana economy, which is known for its affordability and resilience. Prospective buyers will find a market that is generally accessible, with a inventory that emphasizes space, privacy, and a strong sense of neighborhood character. It's advisable to consult with a local real estate agent for the most current listings and trends in this specific community.
Schools & Education
Families in Wallace are served by the Texarkana Arkansas School District (TASD), which is committed to academic excellence and student development. The district includes a selection of elementary, middle, and high schools that offer comprehensive educational programs, extracurricular activities, and sports. Arkansas High School, home of the Razorbacks, provides a strong culminating educational experience with various Advanced Placement and vocational-technical courses.
For higher education and lifelong learning, the Texarkana area is home to Texarkana College (Texas) and the University of Arkansas Hope-Texarkana, both just a short drive away. These institutions offer associate degrees, workforce training, and bachelor's degree completion programs. Additionally, the Texarkana Public Library system provides valuable resources, children's programs, and community meeting spaces for residents of all ages.
Transportation & Connectivity
Wallace boasts excellent connectivity, making regional travel straightforward. Major arteries like Interstate 30 and U.S. Highway 67/71 run through Texarkana, providing direct routes to Little Rock, Dallas, and Shreveport. This makes Wallace an ideal base for commuters or those who enjoy exploring the wider region. The neighborhood's internal streets are typically low-traffic, promoting a safe and quiet residential atmosphere.
For air travel, Texarkana Regional Airport (TXK) offers connecting flights to major hubs, facilitating both business and leisure travel. Within the city, the Texarkana Urban Transit System provides public bus transportation. The area's layout means most daily necessities are only a short drive away, and the central location of the Texarkana twin cities ensures that major retail, medical centers, and employment hubs are all within a 15-20 minute drive from Wallace.
Why Choose Wallace
Choosing Wallace means selecting a lifestyle defined by community, space, and value. It offers the peaceful, neighbor-oriented living of a classic Arkansas neighborhood while keeping the economic opportunities and amenities of a bi-state metropolitan area at your fingertips. It's a place where you can enjoy a larger home with a yard, yet still be minutes from work, healthcare at the CHRISTUS St. Michael or Wadley Regional Medical Center, and diverse shopping and dining.
Ultimately, Wallace represents a smart, balanced choice for anyone looking to put down roots in the Texarkana region. It appeals to those seeking a authentic community feel without sacrificing convenience. Whether you're raising a family, starting a career, or looking for a friendly place to retire, Wallace provides a welcoming environment and a high quality of life that is uniquely Arkansan.
| Market Metric | Value |
|---|---|
| Median Home Price | $79,400 |
| Median Rent | $584/mo |
| Median Household Income | $53,292 |
| Average Home Size | 1,450 sq ft |
| Homeownership Rate | 85.3% |
| Renter-Occupied | 14.7% |
| Rent-to-Income Ratio | 21.7% |
| Rental Vacancy Rate | 15.5% |
| Market Type | Buyer's |
| Market Tier | Affordable |
| Primary ZIP | 71836 |
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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