1603 Speedway Avenue 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
Subdivision Cone
MLS Listing ID 21145563
Bedrooms 2
Full Baths 1
HOA Y/N None
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 seeking a value add property with strong upside potential. This 2 bedroom, 1-bath home is vacant, making it ideal for immediate renovations or a quick rent up.
The property is in livable condition but would benefit from cosmetic updates, offering significant value-add potential. Estimated market rent ranges from $900 to $1,200 per month, depending on finishes and improvements.
With renovations, the ARV is estimated at $135,000, providing room for equity growth or improved cash flow. The home is located approximately 9 miles from Wichita Falls High School and sits in a market with consistent rental demand.
Virtual photos are included to showcase remodel ideas and future potential.
Vacant ready for improvements
Value add opportunity
Estimated rent, $900 to $1,200month
Virtual remodel images included
Property sold As Is
Cash offers preferred
Location
State TX
County Wichita
Direction See GPS
Rooms
Dining Room 1
Interior
Interior Features Open Floorplan
Fireplaces Type Living Room
Appliance Gas Range, Gas Water Heater, Refrigerator
Exterior
Utilities Available City Sewer, City Water, Electricity Connected, Natural Gas Available
Garage No
Building
Story One
Level or Stories One
Schools
Elementary Schools Franklin
Middle Schools Barwise
High Schools Hirschi
School District Wichita Falls Isd
Others
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21145563
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