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Marc McCown
Marc McCown
(940) 704-0541marcalanmccown@gmail.com
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    2629 Plaza Pkwy Ste A3
    Wichita Falls, TX 76308
    (940) 500-4396
    mccownrealestate@gmail.com

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North Texas Real Estate Information Systems

© 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 Marc McCown shall be responsible for any typographical errors, misinformation, 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

Wichita Falls Association of Realtors

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

$35,000
For Sale

408 Wichita Street

Electra, TX 76360
2584 sqft | 5 beds | 2 baths | 0.16 acres | #21119857
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23 photos
Type:Purchase
Structure:House
Zone:Residential

Description

This offering presents an attractive investment opportunity in the small oil-town community of Electra, Texas (ZIP 76360). The subject property at 408 N Wichita St is a spacious 2,584 sq ft, 6-bed -2-bath home built circa 1935 on a 7,000 sq ft lot. With such a large footprint and plenty of bedrooms, it lends itself to multiple value-add strategies, whether as a rental to multiple tenants or as a full rehab for flip or long-term hold. The affordability in this market means an investor can achieve a favorable entry cost, then capture upside via rental arbitrage, light improvements, and-or position for appreciation as the neighborhood evolves. The proximity to local amenities, modest local competition, and the size of the home all point to strong upside for those willing to invest in repositioning it.

  • Property Details
      • Utility FeaturesSewer Available, Water Available
      • HeatingCentral, Electric, Natural Gas
      • Property Subtype AdditionalSingle Family Residence
      • CoolingCeiling Fans, Electric
      • Property SubtypeSingleFamilyResidence
      • AppliancesGas Oven, Gas Range
      • StyleRanch, Detached
      • SubdivisionOriginal Town E
      • Sewer InformationPublic Sewer
      • School DistrictElectra ISD
      • Property TypePurchase
      • Elementary SchoolDinsmore
      • MLS #21119857
      • MLS #21119857
      • High SchoolElectra
      • CountyWichita
      • Cost35000.0
      • Square Feet2584.0
      • Utility SourcePublic
      • Taxes Annual$1,664
      • Parcel Number112312
      • InteriorOther
      • Acres0.161
      • RoofMetal
      • Structure TypeHouse
      • Parking FeaturesOpen
      • Year Built1935
      • Bathrooms2.0
      • Days on Market (Cumulative)45
      • Bedrooms5
      • Full Baths2

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 Marc McCown 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: Today at 4:12 AM. Source: NTREIS

Provided By
Listing Agent: Edward Mcclintick (#0303307), Phone: (888) 227-1009
Listing Office: Joseph Walter Realty, LLC (#JHRE01)

Marc McCownThe McCOWN Team
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