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$61,795

1204 Williams Ave, Wichita Falls, TX, 76301

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,016 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$51.67 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Cooktop
FlooringWood

Exterior

Lot Size7,701 sqft

Building Information

Year Built1957
Roof Type105
Garage Spaces1

Land Information

APN1560 036 00
Lot Number5
SubdivisionHolliday Height
Land UseResidential
Legal DescriptionLOT 5 BLK 3 HOLLIDAY HEIGHT
Census Tract010400
Assessed Land Value$3,000
Assessed Improvement Value$58,795
Assessment Year2025

About this property

Are you ready for your next investment? Welcome to my newest listing located in the heart of Wichita Falls! This home could use some modern updates, but it has great bones and a lot of character-perfect for an investor or homeowner looking to add value. Whether you're planning to fix it and flip or update it for long-term use, this property is a great opportunity.

Investor Tools

Property Icon
$61,795
Estimated Property Value
$28,800Estimated Mortgage Balance
$49,727Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$371 /month
Positive
Cash Flow Estimate:
$124 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$59/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$403
$61,795
2025
$3,000
$58,795
$61,795
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$403
$61,795

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Minnie Ruth Wesley
Seller Carryback / Seller Financing / Seller Take-Back
$28,800
No
First
Jan 9, 2005
Jan 2016

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$12,068
$49,727
80%
20%
$173/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$943/mo
$173/mo
+$770/mo
18.3%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Wichita Falls

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1204 Williams Ave | Property Details | No Agent List