1603 Speedway Avenue, Wichita Falls, TX 76301

Local realty services provided by:Better Homes and Gardens Real Estate Winans
1603 Speedway Avenue,Wichita Falls, TX 76301
$72,500
  • 2 Beds
  • 1 Baths
  • 1,080 sq. ft.
  • Single family
  • Active
Listed by:naara andrade
Office:realty of america, llc.
MLS#:20868528
Source:GDAR

Price summary

  • Price:$72,500
  • Price per sq. ft.:$67.13

About this home

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

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Home facts

  • Year built:1929
  • Listing Id #:20868528
  • Added:160 day(s) ago
  • Updated:August 20, 2025 at 11:56 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:1,080 sq. ft.

Structure and exterior

  • Year built:1929
  • Building area:1,080 sq. ft.
  • Lot area:0.16 Acres

Schools

  • High school:Hirschi
  • Middle school:Barwise
  • Elementary school:Franklin

Finances and disclosures

  • Price:$72,500
  • Price per sq. ft.:$67.13
  • Tax amount:$1,722
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated August 20, 2025 Listings with the NTREIS logo are listed by brokerages other than Better Homes and Gardens Real Estate Winans.