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$99,000

200 N Burnett Street, Wichita Falls, TX, 76306

PendingInfo
CommercialInfo
Baths0 Bath
Baths2,400 Sq Ft
IndustrialIndustrial
Year BuiltBuilt in 1925

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringOther

Exterior

Lot Size9,692 sqft

Building Information

Year Built1925

Land Information

APN0010 013 00
SubdivisionOriginal Town, Wf
Land UseCommercial
Legal Description95.4X102.3' BLK N ORIGINAL TOWN, WF
Census Tract011100
Assessed Land Value$2,537
Assessed Improvement Value$99,247
Assessment Year2025

About this property

Welcome to the former Neon Spur—a standout location ready to bring your vision to life! With over 2,400 sq ft of indoor space and a fenced outdoor area complete with a stage, this property is ideal for a restaurant, bar, event space, or entertainment venue. Located directly across from the bustling Multi-Purpose Events Center (MPEC), this spot offers unbeatable visibility and high foot traffic. Guests will appreciate the ample parking and spacious layout, while your business benefits from the energy of downtown Wichita Falls.

Investor Tools

$0Estimated Mortgage Balance
$101,784Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$611 /month
Positive
Cash Flow Estimate:
$204 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$220/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,130
$101,784
2025
$2,537
$99,247
$101,784
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,130
$101,784

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$101,784
100%
0%
$0/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.

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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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200 N Burnett Street | Property Details | No Agent List