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$598,000

NAL Estimated Property Value

4121 Faith Rd, Wichita Falls, TX, 76308

Off MarketInfo
Beds12 Beds
Baths6 Bath
Baths1,565 Sq Ft
DuplexDuplex
Year BuiltBuilt in 1951

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 12Bedrooms 12
Bathrooms Full 2Bathrooms Full 2
AppliancesGas Oven, Gas Range, Refrigerator
FlooringLaminate, Tile

Exterior

Lot Size8,072 sqft

Building Information

Year Built1951
Roof Type105

Land Information

APN0990 007 10
Lot Number11
SubdivisionFaith Village 1
Land UseResidential
Legal DescriptionLOT 11 BLK 2 FAITH VILLAGE 1
Census Tract012100
Assessed Land Value$12,000
Assessed Improvement Value$87,520
Assessment Year2025

About this property

INVESTOR OPPORTUNITY! 3 Duplexes = 6 Total 2BR,1BA units! Each unit boasts fresh paint, flooring, ceiling fans, appliances, and Central H & AC. Two units include washer + dryer hookups and lease for $1,100 monthly; others lease for $1,050. With a new parking pad, strong rental history, and prime location near major employers, this is a turnkey addition to your portfolio. Tenants will love the walkable access to shopping, schools, and work. Future rent growth and low maintenance make this a SOLID long-term hold!

Investor Tools

Property Icon
$598,000
Estimated Property Value
$0Estimated Mortgage Balance
$598,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,599 /month
Positive
Cash Flow Estimate:
$1,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$441/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,304
$99,520
2025
$12,000
$87,520
$99,520
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,304
$99,520

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$598,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,500/mo
N/A
+$1,500/mo
3.0%

City: Wichita Falls

4121 Faith Rd | Property Details | No Agent List