Last 24 Hours
$250,307
NAL Estimated Property Value1701 Archer City Highway, Wichita Falls, TX, 76302
Off Market
Commercial
— Beds
— Bath
5,760 Sq Ft
Business
Built in 1963Highlights
Interior
Bedrooms —
Bathrooms —FlooringCarpet, Concrete
Exterior
Lot Size2.43 acres
Building Information
Year Built1963
Land Information
APN0480 067 00
SubdivisionCherokee Csl Blk 3
Land UseCommercial
Legal Description2.43 AC TR 60 CHEROKEE CO SL BLK 3
Census Tract011600
Assessed Land Value$105,851
Assessed Improvement Value$144,456
Assessment Year2025
About this property
Looking for a commercial building that can be used as a church or a party hall, and much more... Don't look any further, this great and spacious property built in 2.5 acres is the place you are looking for! The building has parking for about 100 cars and the structure includes bathrooms for ladies and gentlemen, as well as a kitchen. The floor is made of concrete.
Investor Tools
$250,307
Estimated Property Value
$155,486Estimated Mortgage Balance
$94,821Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,502 /month
Positive
Cash Flow Estimate:
$501 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$550/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,354
$250,307
2025
$105,851
$144,456
$250,307
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,354
$250,307
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American National Bank & Trust
Purchase Money Mortgage
$160,000
No
First
Oct 1, 2024
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,486
$94,821
37%
62%
$960/mo
12.4%