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$96,000

NAL Estimated Property Value

1405 Burnett St, Wichita Falls, TX, 76301

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths936 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$64.1 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Range
FlooringCarpet, Linoleum

Exterior

Lot Size10,498 sqft

Building Information

Year Built2007
Roof Type105
Garage Spaces1

Land Information

APN0030 179 00
Lot Number8
SubdivisionOriginal Town, Wf
Land UseResidential
Legal DescriptionLOT 8 BLK 220 ORIGINAL TOWN, WF
Census Tract010100
Assessed Land Value$5,249
Assessed Improvement Value$78,202
Assessment Year2025

About this property

This property is very close the the business district. What a cute home. Originally built as a Habitat home newer built in older neighborhood. Roomy 2 bedroom and 1 bath home. Sites showed it originally as a 3 bedroom, but not a chance. The third room was so tiny, it became a great laundry room. Front yard has a great cement driveway, no garage. Backyard is very large with an open back patio, storage, and so much more. Great starter home or downsizing.

Investor Tools

Property Icon
$96,000
Estimated Property Value
$35,872Estimated Mortgage Balance
$60,128Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$576 /month
Positive
Cash Flow Estimate:
$192 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$200/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,917
$83,451
2025
$5,249
$78,202
$83,451
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,917
$83,451

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Habitat For Humanity Of Wichita Falls In
Seller Carryback / Seller Financing / Seller Take-Back
$10,650
No
First
Sep 26, 2008
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$35,872
$60,128
62%
37%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,274/mo
N/A
+$1,274/mo
15.9%

Learn About the Market: Opportunity in Texas

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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.

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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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1405 Burnett St | Property Details | No Agent List