1603 Speedway AVE Wichita Falls, TX 76301
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,080 sqft
Price per Sqft $67
Subdivision Cone
MLS Listing ID 20868528
Style Detached
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1929
Annual Tax Amount $1,722
Lot Size 7,100 Sqft
Acres 0.163
Property Sub-Type Single Family Residence
Property Description
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
Location
State TX
County Wichita
Direction See GPS
Interior
Interior Features Open Floorplan
Fireplaces Number 1
Fireplaces Type Living Room
Fireplace Yes
Appliance Gas Range, Gas Water Heater, Refrigerator
Exterior
Parking Features Driveway, Gravel
Pool None
Utilities Available Electricity Connected, Natural Gas Available, Sewer Available, Water Available
Water Access Desc Public
Garage No
Building
Dwelling Type House
Sewer Public Sewer
Water Public
Level or Stories One
Schools
Elementary Schools Franklin
Middle Schools Barwise
High Schools Hirschi
School District Wichita Falls Isd
Others
Tax ID 155021
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20868528