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Days349Days on Market
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$28,900

1208 N 7th Street, Wichita Falls, TX, 76306

$37,570 ARVInfo
On MarketInfo
Beds1 Beds
Baths1 Bath
Baths621 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$46.54 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

BankruptcyMust-SellAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1

Exterior

Lot Size7,000 sqft

Building Information

Year Built1949
Roof Type105

Land Information

APN3060 309 00
Lot Number20
SubdivisionScotland
Land UseResidential
Legal DescriptionLOT 20 BLK 16 SCOTLAND
Census Tract011100
Assessed Land Value$1,700
Assessed Improvement Value$3,300
Assessment Year2025

About this property

FIXER UPPER! An excellent opportunity awaits on 1208 N. 7th St! Come take a look and make this charming home yours today! Despite needing extensive work, it can easily be turned into the home of your dreams. If you would rather just build off the property, you can expand the living areas or completely renovate the home altogether. With this good-sized lot, you will still have plenty of yard space left over for the kids or pets to play in. Or you can even create your own personal garden! This location gives you easy access to HWY 240 and I-44. This property is being sold AS IS but has a lot of potential. WE MAKE IT EASY TO OWN. This is a great opportunity! Don't wait, call us today to get more information on the owner's easy terms and smooth process that may be able to put the deed in your name and make this your dream property. When you call be sure and ask about the other properties we have for sale in the Wichita Falls Area.

Investor Tools

$0Estimated Mortgage Balance
$29,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$37,570
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

Interested in this property?

Chet Polniazek

1st Texas Realty Services

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$22/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$116
$5,000
2025
$1,700
$3,300
$5,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$116
$5,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$29,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$780/mo
N/A
+$780/mo
32.3%

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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1208 N 7th Street | Property Details | No Agent List