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$85,000

1806 7th St, Wichita Falls, TX, 76301

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,195 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$71.13 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesOther

Exterior

Lot Size6,752 sqft

Building Information

Year Built1920
Roof Type105
Garage Spaces1

Land Information

APN0310 004 00
Lot Number4
SubdivisionBoyd 2
Land UseResidential
Legal DescriptionLOT 4 BLK 1 BOYD 2
Census Tract011000
Assessed Land Value$7,500
Assessed Improvement Value$62,597
Assessment Year2025

About this property

Charming Renovated Craftsman with Income Potential Opportunity knocks in the heart of Wichita Falls! This updated Craftsman-style gem offers timeless character, modern upgrades, and flexible purchase options—whether you're an investor seeking strong cash flow or a buyer looking for a beautiful place to call home. Previously rented for $1,100 per month, this property easily surpasses the 1% rule, making it a solid investment opportunity from day one. But it’s just as appealing for an owner-occupant who values charm and space. Step inside to fresh interior and exterior paint, stylish new vinyl flooring, and a layout that blends function with comfort. Spacious living areas and preserved architectural details give this home personality and warmth. Outside, enjoy a generous backyard—ideal for gardening, pets, or weekend gatherings—and a classic front porch perfect for sipping coffee or watching the sunset. Located just minutes from United Regional Hospital, shopping, and schools. Owner financing, rent-to-own options, or traditional purchase available. Whether you're building your portfolio or finding your forever home, this property offers freedom, flexibility, and undeniable value. Schedule your showing today and see why this Craftsman is the smart move—no matter your path!

Investor Tools

Property Icon
$85,000
Estimated Property Value
$104,800Estimated Mortgage Balance
$0Estimated Equity
-23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$510 /month
Positive
Cash Flow Estimate:
$170 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$174/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,665
$70,097
2025
$7,500
$62,597
$70,097
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,665
$70,097

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Origin Bank
Arm (Adjustable Rate Mortgage)
$104,800
No
First
Feb 16, 2023
Feb 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$169,492
N/A
0%
199%
$1,066/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$943/mo
$1,066/mo
$-123/mo
13.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1806 7th St | Property Details | No Agent List