2600 St Michael Dr, Texarkana, TX 75038 – Hospital

Institutional & Special Purpose BuildingsYear Built 1994Total Assessed Value $102,827,530County Bowie

Property Details

The Institutional & Special Purpose Buildings property 2600 St Michael Dr, Texarkana, TX 75038 is located in Bowie County. The specific property type is Hospital. The total assessed value of this property is $102,827,530.

The gross building area is 594,669 square feet and the land area is 1,140,836 square feet for this Hospital built in 1994.

Legal description: Adolphus Hope A-261 2999/159 02/01/99 Blk/Tract Pt 7 26.19 Acres

$102,827,530

Market Value

N/A

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

Property Image of 2600 St Michael Dr, Texarkana, TX 75038, Institutional & Special Purpose Buildings

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Property Information

Property TypeInstitutional & Special Purpose Buildings

Sub Property TypeHospital

Building Area594,669

Land Size1,140,836

Land Value$6,846,000

Improved Value$95,981,530

Total Assessed Value$102,827,530

Year Built1994

County NameBowie

Account Number25416

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

Sales History

1/1/2013

OtherNot Disclosed

Buyer

Seller

Book Number

Recording Date

1/1/2013

Transaction Details

acquired the property from through a Other transaction on 1/1/2013 for .

2/1/1999

OtherNot Disclosed

Buyer

Seller

Book Number

Recording Date

2/1/1999

Transaction Details

acquired the property from through a Other transaction on 2/1/1999 for .

Property constructed in 1994

YSale Price (USD) byXSales Year

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Mortgage History

4/27/2023

Arms length residential transactions purchase or resales$97,618,751

Borrower

Dallas Sustainable Energy Part

Lender

Hancock Whitney Bank

Book Number

2023.3893

Recording Date

4/27/2023

Transaction Details

Dallas Sustainable Energy Part borrowed the property from Hancock Whitney Bank through a Arms length residential transactions purchase or resales transaction on 4/27/2023 for $97,618,751.

Property constructed in 1994

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2025	$6,846,000	$95,981,530	$102,827,530	$102,827,530	Christus Health Ark ...	5101 N O Connor Blvd	Adolphus Hope A-261 ...	11100	-	1,140,836	594,669
2024	$6,846,000	$92,090,254	$98,936,254	$98,936,254	Christus Health Ark ...	919 Hidden Ridge	Adolphus Hope A-261 ...	11100	-	1,140,836	594,669
2023	$6,846,000	$88,653,246	$95,499,246	$95,499,246	Christus Health Ark ...	Lisa Sewell, 919 Hid...	Adolphus Hope A-261 ...	11100	ADOLPHUS HOPE A-261	1,140,836	594,669
2022	$6,846,000	$77,138,729	$83,984,729	$83,984,729	Christus Health Ark ...	919 Hidden Ridge	Adolphus Hope A-261 ...	11100	ADOLPHUS HOPE A-261	1,140,836	594,669
2021	$6,846,000	$67,127,536	$73,973,536	$73,973,536	Christus Health Ark ...	919 Hidden Rdg	ADOLPHUS HOPE A-261 ...	00	ADOLPHUS HOPE A-261	1,140,836	594,669
2019	$6,846,000	$64,891,046	$71,737,046	$71,737,046	Christus Health Ark ...	919 Hidden Rdg	ADOLPHUS HOPE A-261 ...	-	ADOLPHUS HOPE A-261	1,140,836	594,669
2018	$6,846,000	$64,891,046	$71,737,046	$71,737,046	Christus Health Ark ...	919 Hidden Rdg	ADOLPHUS HOPE A-261 ...	-	ADOLPHUS HOPE A-261	1,140,836	594,669
2017	$6,846,000	$62,843,719	$69,689,719	$69,689,719	Christus Health Ark ...	919 Hidden Rdg	ADOLPHUS HOPE A-261 ...	-	ADOLPHUS HOPE A-261	1,140,836	594,669
2016	$6,846,000	$62,843,719	$69,689,719	$69,689,719	Christus Health Ark ...	919 Hidden Rdg	ADOLPHUS HOPE A-261 ...	-	ADOLPHUS HOPE A-261	1,140,836	594,669
2015	$6,846,000	$62,063,216	$68,909,216	$68,909,216	Christus Health Ark ...	2600 Saint Michael D...	ADOLPHUS HOPE A-261 ...	-	ADOLPHUS HOPE A-261	1,140,836	594,669

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
2600 St Michael Dr, Texarkana, TX 75038	25416	Institutional & Special Purpose Buildings	Hospital	Christus Health Ark La Tx, Lisa Sewell	Bowie	-	-	-	-	1994	594,669	-
101circledr, Hillsboro, TX 76645	134230	Institutional & Special Purpose Buildings	Hospital	Mpt Of Hillsboro Lp	Hill	203.5	$ 13,086,143	2025-12-29	$ 47.84	2010	273,551	-
7171 N Dale Mabry Hwy, Tampa, FL 33614	U28281816E000003000040	Institutional & Special Purpose Buildings	Hospital	University Community Hospital	Hillsborough	787.5	$ 20,725,000	2023-02-09	$ 66.56	2010	311,361	1
171 Fairview Rd, Mooresville, NC 28117	4646-80-5038.000	Institutional & Special Purpose Buildings	Hospital	Duke Health Lake Norman Regional Me	Iredell	770.3	$ 61,411,000	2025-03-26	$ 307.18	1998	199,918	-
4801 Harry Hines Blvd, Dallas, TX 75235	00000502630000000	Institutional & Special Purpose Buildings	Hospital	State Of Texas	Dallas	166.9	$ 37,385,469	2022-08-22	$ 71.21	2024	525,016	-
3425 Lake Alfred Rd Suite1, Winter Haven, FL 33881	262808000000042180	Institutional & Special Purpose Buildings	Hospital	3425 Lake Alfred Llc	Polk	826.4	$ 4,500,000	2023-07-31	$ 22.43	1962	200,660	1
611 E Douglas Rd, Mishawaka, IN 46545	71-04-34-101-006.000-022	Institutional & Special Purpose Buildings	Hospital	-	St. Joseph	718.8	$ 43,100,000	2025-07-15	$ 219.91	2008	195,993	-
6001 Woodmen Rd, Colorado Springs, CO 80923	53070-03-003	Institutional & Special Purpose Buildings	Hospital	Colorado Springs Healthcare Invr Ll	El Paso	707.0	$ 31,200,000	2024-09-30	$ 48.35	2006	645,304	-
250 Wickham Rd, Melbourne, FL 32935	27-36-25-00-00013.0-0000.00	Institutional & Special Purpose Buildings	Hospital	Mpt Of Melbourne-steward Llc	Brevard	881.4	$ 66,000,000	2024-10-23	$ 319.95	2002	206,282	2
2380 Harbor Blvd, Port Charlotte, FL 33952	40-22-15-452-001	Institutional & Special Purpose Buildings	Hospital	Adventhealth Port Charlotte Inc	Charlotte	847.5	$ 44,829,100	2025-02-28	$ 153.09	1962	292,819	-
541 Hist Hwy 441, Demorest, GA 30535	075 059	Institutional & Special Purpose Buildings	Hospital	Hospital Authority Of Hall County &	Habersham	611.6	$ 15,000,000	2023-08-17	$ 59.19	1950	253,404	-

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	2600 St Michael Dr, Texarkana, TX 75038	—	-	1,140,836	1994	594,669	$ 102,827,530	$ 6,846,000	-
First Horizon Bank	9505 Greenville Ave, Dallas, TX 75243	08/29/2025	$ 10,250,000	66,516	1997	20,604	$ 4,256,900	$ 798,190	Hpa Exchangevital Medical Dal
Centennial Bank	4405 W Persimmon St, Fayetteville, AR 72704	08/28/2025	$ 11,687,500	487,001	2010	64,121	$ 2,440,000	$ 514,050	Rhc Real Estate Llc
Centennial Bank	6456 Lynchs Prairie Cv, Springdale, AR 72762	08/26/2025	$ 14,510,000	221,285	2005	47,780	$ 1,847,920	$ 184,050	Washington Care Llc
Lonestar Finance And Lending I	7525 Scyene Rd, Dallas, TX 75227	07/22/2025	$ 400,000	318,859	1973	106,405	$ 2,113,150	$ 1,913,150	Texas Receivership Group Llc
First Texas National Bank	637 W Van Alstyne Pkwy, Van Alstyne, TX 75495	07/18/2025	$ 1,148,720	68,245	1971	10,214	$ 600,236	$ 163,788	Scoggins Funeral Home Llc
Newpoint Re Capital Llc	400 Southridge Pkwy, Heber Springs, AR 72543	06/30/2025	$ 1,067,600	174,676	2002	40,018	$ 570,315	$ 94,680	Lierman Family Co Xvi Llc
California Receivership Group	7525 Scyene Rd, Dallas, TX 75227	04/28/2025	$ 371,194	318,859	1973	106,405	$ 2,113,150	$ 1,913,150	Texas Receivership Group Llc
First Pryority Bank	10106 S Sheridan Rd SteB, Tulsa, OK 74133	03/31/2025	$ 2,235,000	59,851	1994	13,320	$ 227,865	$ 98,714
Metropolitan Commercial Bank	260 Lakepark Dr, Hot Springs National Park, AR 71901	02/28/2025	$ 41,000,000	262,667	1990	22,956	$ 453,940	$ 41,680	Pine Bluff Propco Llc
Cloud Finance Llc	7502 Greenville Ave, Dallas, TX 75231	02/27/2025	$ 15,000,000	103,977	1983	175,072	$ 30,001,100	$ 2,599,430

Mean$ 123,808,031

Median$ 8,200,000.0

Loan Amount Range$ 371,194 - $ 1,500,000,000

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