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$56,000

NAL Estimated Property Value

3146 Lela Lane, Wichita Falls, TX, 76306

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths1 Bath
Baths1,270 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.78 / sqft
Year BuiltBuilt in 1962

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Oven, Gas Range, Vented Exhaust Fan

Exterior

Lot Size8,799 sqft

Building Information

Year Built1962
Roof Type105
Garage Spaces1

Land Information

APN4320 143 00
SubdivisionAbst. 83 - John
Land UseResidential
Legal DescriptionTR 107-2 0.201 AC BLK 8 U A-83
Census Tract012900
Assessed Land Value$6,000
Assessed Improvement Value$41,985
Assessment Year2025

About this property

This boastful 4-bedroom, 1.5-bathroom recently remodeled home with attached carport is now available! Nearby Mall, restaurants, and shopping & minutes from the world's smallest skyscraper! Wood-like flooring throughout the home & ceiling fans to keep cool! Enjoy the backyard while relaxing on the weekend or entertaining guests! New appliances are coming soon! Move-in Special! $100 off the first 3 months! Don't miss out on this great opportunity! We are excited to offer a $0 down deposit for this property. Satisfy your deposit requirement with Rhino. Sign-up begins at $5 mo per $1,000 in coverage. We will invite you once your application is approved by our leasing office.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$110/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,045
$47,985
2025
$6,000
$41,985
$47,985
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,045
$47,985

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Marshall Reddick Mortgage Fund Llc
Unknown
$65,000
No
First
Mar 2, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$61,213
N/A
0%
109%
$390/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,300/mo
$390/mo
+$910/mo
27.9%

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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3146 Lela Lane | Property Details | No Agent List