




$375,000
317 E 3rd St, Burkburnett, TX, 76354
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About this property
Rare opportunity in the heart of Burkburnett to secure a property with excellent visibility, history, and redevelopment potential. Located at 317 E 3rd Street, this property sits in a town with deep North Texas roots and a story tied to ranching, rail, and the oil boom that helped shape the region. Burkburnett became widely known during the early 1900s oil rush, earning its “Boomtown” identity and creating a legacy that still gives the community character today. This property offers a blank canvas for buyers, investors, builders, or business owners looking to bring new life to a well-positioned site. Depending on zoning, approvals, and buyer plans, the property may be a strong candidate for redevelopment, renovation, infill construction, commercial use, mixed-use concepts, office, retail, service business, or a unique owner-user opportunity. Its location near the main corridor through town creates accessibility and convenience while still offering the charm of a smaller community. Burkburnett continues to appeal to those looking for affordability, small-town atmosphere, and proximity to Wichita Falls, Sheppard Air Force Base, the Red River, and major highway access. With a proud local history, established neighborhoods, schools, parks, and everyday conveniences nearby, the area offers a strong foundation for future growth. Whether you are looking to restore, repurpose, rebuild, or hold as a long-term investment, this property presents a compelling opportunity to create something meaningful in a town known for resilience, character, and North Texas heritage. Bring your vision and explore the possibilities at 317 E 3rd Street.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Burkburnett
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