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Days334Days on Market
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$400,000

1706 8th St, Wichita Falls, TX, 76301

$450,479 ARVInfo
On MarketInfo
Beds17 Beds
Baths9 Bath
Baths7,832 Sq Ft
ApartmentApartment
price_per_sqft$45.71 / sqft
Year BuiltBuilt in 1930

Highlights

Interior

Bedrooms 17Bedrooms 17
Bathrooms Half 9Bathrooms Half 9
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesGas Range, Gas Water Heater, Refrigerator
FlooringCombination, Hardwood, Tile, Vinyl

Exterior

Lot Size12,998 sqft

Building Information

Year Built1930
Garage Spaces2

Land Information

APN4010 008 00
Lot Number10
SubdivisionWarford
Land UseResidential
Legal DescriptionLOTS 10&11 BLK AC WARFORD AND BUSINESS PERSONAL PROPERTY
Census Tract011000
Assessed Land Value$25,997
Assessed Improvement Value$332,003
Assessment Year2025

About this property

Amazing opportunity to own this 9-unit complex right by the hospital district. Units have had some updates but there is major potential for further upgrades and remodeling the garage apartment in the rear or possibly turn some of the units into short term rentals for hospital employees. There are currently 4 units occupied, and current rental income is $2600 but fully occupied potential rental income is near $6000 a month. Units are occupied and can be viewed with an executed contract. This property is part of a portfolio. Ask agent for information on full portfolio

Investor Tools

Property Icon
$358,000
Estimated Property Value
$65,000Estimated Mortgage Balance
$313,719Estimated Equity
82% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$450,479
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

Interested in this property?

Ashley Self

InterHomes Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$921/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,266
$358,000
2025
$25,997
$332,003
$358,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,266
$358,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jeff Riddle
Seller Carryback / Seller Financing / Seller Take-Back
$65,000
No
First
Jul 1, 2012
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$44,281
$313,719
87%
12%
$390/mo

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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1706 8th St | Property Details | No Agent List