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$151,000

1665 Speedway Ave, Wichita Falls, TX, 76301

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,372 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$109.26 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Cooktop, Gas Oven, Gas Water Heater, Refrigerator
FlooringCarpet, Hardwood, Vinyl

Exterior

Exterior FeaturesRain Gutters, Private Yard, Storage
Lot Size10,829 sqft

Building Information

Year Built1952
Roof Type105
Garage Spaces2

Land Information

APN0980 001 00
Lot Number1
SubdivisionFairway
Land UseResidential
Legal DescriptionLOT 1 BLK 1 FAIRWAY
Census Tract011902
Assessed Land Value$10,000
Assessed Improvement Value$134,782
Assessment Year2024

About this property

Welcome to your charming Brook Village cottage! This delightful 3-bed, 1-bath gem sits on a corner lot, blending historic charm with modern amenities. The inviting covered front porch is perfect for enjoying morning coffee, while the cozy living room, complete with a wood-burning fireplace, offers a perfect retreat in the evenings. The formal dining room adds a touch of elegance, and the kitchen shines with granite countertops & room for a bistro table. With a separate utility area that includes a stackable WD and a 2-car garage, this home offers both convenience and style. Unleash your creativity in the large unfinished bonus space—perfect for a home office, studio, or addit. living space. Sunporch can easily transform into a third bedroom by adding a wardrobe and curtains to the charming French doors. Situated within walking distance of the Wichita Falls Country Club and just steps from the 20+ mile trail system, the home offers endless possibilities for investment, as well.

Investor Tools

Property Icon
$151,000
Estimated Property Value
$0Estimated Mortgage Balance
$151,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$906 /month
Positive
Cash Flow Estimate:
$302 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$180/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,406
$144,782
2024
$10,000
$134,782
$144,782
No

Tax History

Year
Tax Paid
Assessed Value
2023
$1,406
$144,782

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$151,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$943/mo
N/A
+$943/mo
7.5%

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.

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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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1665 Speedway Ave | Property Details | No Agent List