Texas
Wichita Falls
1603 Speedway Avenue

$72,500

1603 Speedway Avenue, Wichita Falls, TX 76301

2 beds |
1 bath |
1,080 sqft

Single-Family Home
Built in 1929
7,100sqft lot
—— car garage
$67/sqft
Listed 5 months ago

Property 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

Listing Status:: Active
Listing Office:: Realty of America, LLC : 512-788-9495
Listing Agent:: Naara Andrade :
MLS ID:: 20868528

General: Open Floorplan
Appliances: Gas RangeGas Water HeaterRefrigerator
Fireplace: Living RoomFireplaceFireplaces: 1

This listing courtesy of Naara Andrade, Realty of America, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Franklin Elementary School

2112 Speedway Ave, Wichita Falls, TX, 76308

Grades KG-5

1.02 miles away

Barwise Middle School

3807 Kemp Blvd, Wichita Falls, TX, 76308

Grades 6-8

2.23 miles away

Hirschi High School

3106 Borton St, Wichita Falls, TX, 76306

Grades 9-12

3.67 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.