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$615,000

NAL Estimated Property Value

22200 Fm 2393, Wichita Falls, TX, 76310

Off MarketInfo
Beds6 Beds
Baths2 Bath
Baths6,751 Sq Ft
price_per_sqft$100.73 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Half 2Bathrooms Half 2
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Dryer

Exterior

Lot Size5.13 acres

Building Information

Year Built1976

Land Information

APN030700000200800000000
Lot Number8
Land UseResidential
Legal DescriptionLT 8 BLK 2 SEC # 2 ARROWHEAD RANCH EST 22200 FM 2393
Census Tract030301
Assessed Land Value$48,740
Assessed Improvement Value$565,070
Assessment Year2025

About this property

Massive Arrowhead Ranch estate on 5.13 acres featuring three separate homes, ideal for multi-generational living, rental income, or a private retreat. The main residence offers 3,115 sq ft with 5 bedrooms, 2 baths, plus a flexible multi-use room that can serve as a 6th bedroom, office, or game room. Attached is a private apartment with approximately 760 sq ft, featuring 1 bedroom, 1 bath, and a large utility room with generous storage. The back home, built in 2021, showcases an open living cabin feel with 896 sq ft, 1 bedroom, 1 bath, a loft, and both front and back porches—perfect for guests or short-term rental use. All three homes have independent electric meters and HVAC systems. Recent updates include new siding on the front properties, windows in 2019, and HVAC systems replaced in 2021. Enjoy outdoor living with a Kayak Pool, expansive open space, and a 30x60 insulated shop ideal for hobbies, storage, or business use. A rare opportunity offering space, flexibility, and privacy in a peaceful ranch setting.

Investor Tools

Property Icon
$615,000
Estimated Property Value
$189,947Estimated Mortgage Balance
$425,687Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,080 /month
Positive
Cash Flow Estimate:
$1,360 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$465/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,509
$393,610
2025
$48,740
$565,070
$613,810
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,509
$393,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mers
Fha
$265,500
Yes
First
Aug 29, 2013
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,947
$425,053
69%
31%
$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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22200 Fm 2393 | Property Details | No Agent List