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$202,531

NAL Estimated Property Value

3007 Lavell Ave, Wichita Falls, TX, 76308

$228,161 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,927 Sq Ft
price_per_sqft$93.36 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave, Double Oven
FlooringCarpet, Linoleum, Vinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size7,623 sqft

Building Information

Year Built1980
Roof Type105
Garage Spaces1

Land Information

APN1000 200 00
Lot Number3,C
SubdivisionFaith Village 2
Land UseResidential
Legal DescriptionLOT 3-C BLK 51 FAITH VILLAGE 2
Census Tract012100
Assessed Land Value$12,000
Assessed Improvement Value$190,531
Assessment Year2025

About this property

With over 1,900 sq. ft., this home offers unmatched space, potential, and the best location in town! Solid bones and a rare oversized layout set it apart from the rest. Enjoy two living areas, two dining spaces, a sunroom, and a massive covered porch—more room than most homes in the area! You'll appreciate the large bedrooms too. Centrally located near everything, this is an incredible value. A little creativity and updating will make it truly shine.

Investor Tools

Property Icon
$202,531
Estimated Property Value
$170,734Estimated Mortgage Balance
$31,797Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$228,160
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,215 /month
Positive
Cash Flow Estimate:
$405 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$459/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,493
$202,531
2025
$12,000
$190,531
$202,531
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,493
$202,531

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Residential Wholesale Mortgage Inc
Fha
$173,794
Yes
First
May 29, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,734
$31,797
15%
84%
$1,042/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,310/mo
$1,042/mo
+$268/mo
7.8%

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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3007 Lavell Ave | Property Details | No Agent List