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$70,000

NAL Estimated Property Value

308 Polk St, Wichita Falls, TX, 76301

$82,843 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths960 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$83.13 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesOther
FlooringCarpet

Exterior

Lot Size10,598 sqft

Building Information

Year Built1949
Roof Type105

Land Information

APN4530 047 00
SubdivisionAbst. 300 - J
Land UseResidential
Legal DescriptionTR 41 53 X200' J A SCOTT SURVEY NO. 18 A-300
Census Tract011000
Assessed Land Value$2,915
Assessed Improvement Value$37,822
Assessment Year2025

About this property

Bring your ideas to this great home. Great potential and strong bones. 15 property-package offered as a bundle. 12 residential and 3 commercial, not listed here. See attached offer package with the addresses and proposal. The price for all of them combined is $575,000. A potential of over $1,200,000 ARV and a potential monthly rental income of $12,000 per month. Finaciamiento de DUENO A DUENO disponible. Terminos flexibles con 20 porciento de down. 3 commercial properties: 705 N Broadway St, 302 Jefferson St, and 709 N Broadway St. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Investor Tools

Property Icon
$70,000
Estimated Property Value
$0Estimated Mortgage Balance
$70,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$82,843
Rent-to-Value Ratio: 0.72%
Rent Estimate
$479 /month
Positive
Cash Flow Estimate:
$160 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$108/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$942
$40,737
2025
$2,915
$37,822
$40,737
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$942
$40,737

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$70,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$943/mo
N/A
+$943/mo
16.2%

City: Wichita Falls

308 Polk St | Property Details | No Agent List