1603 Speedway Avenue
Wichita Falls, TX 76301
1080 sqft | 2 beds | 1 bath | 0.16 acres | #20868528
Description
Investor Special – Turnkey Rental with Value-Add Potential in Wichita Falls
Excellent opportunity for investors! This 2-bedroom, 1-bath home is currently tenant-occupied by reliable, long-term tenants (10+ years) who always pay on time—offering immediate rental income and strong cash flow.
The home is in livable condition but could benefit from cosmetic updates, presenting a great value-add opportunity. With improvements, the ARV (After Repair Value) is estimated at $135,000, allowing room for equity growth or increased rental rates.
Located in a stable rental market, this property is a solid addition for both seasoned and first-time investors.
Property sold As-Is. Seller is open to Onwer Finance, how ever Cash offers preferred
Property Details
- Utility FeaturesElectricity Connected, Natural Gas Available, Sewer Available, Water Available
- AppliancesGas Range, Gas Water Heater, Refrigerator
- Property Subtype AdditionalSingle Family Residence
- Property SubtypeSingleFamilyResidence
- Parking FeaturesDriveway, Gravel
- School DistrictWichita Falls ISD
- InteriorOpen Floorplan
- Sewer InformationPublic Sewer
- Parking TypeDriveway
- Property TypePurchase
- StyleDetached
- Elementary SchoolFranklin
- MLS #20868528
- MLS #20868528
- Middle SchoolBarwise
- High SchoolHirschi
- CountyWichita
- Utility SourcePublic
- Taxes Annual$1,722
- Parcel Number155021
- Acres0.163
- Cost72500
- Structure TypeHouse
- Square Feet1080
- Year Built1929
- SubdivisionCone
- Days on Market (Cumulative)106
- Fireplaces1
- Bedrooms2
- Bathrooms1
- Full Baths1
Location
Legal
© 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Anchor Home Team shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright
Last Updated: . Source: NTREIS
Listing Courtesy
Listing Agent: Naara Andrade (#0824262)
Listing Office: Realty of America, LLC (#RYAA01)
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