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$175,000

4655 University Ave, Wichita Falls, TX, 76308

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,583 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$110.55 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
FlooringCarpet, Tile

Exterior

Lot Size7,344 sqft

Building Information

Year Built1956
Roof Type105
Garage Spaces1

Land Information

APN3850 028 00
Lot Number15
SubdivisionUniversity Park C1
Land UseResidential
Legal DescriptionLOT 15 BLK 3 UNIVERSITY PARK C1
Census Tract012202
Assessed Land Value$15,000
Assessed Improvement Value$179,625
Assessment Year2025

About this property

Tucked into an established Wichita Falls neighborhood, this 1956 mid-century gabled one-story home offers the kind of manageable, well laid out space that makes stepping into homeownership feel simple rather than overwhelming. Three bedrooms are arranged with a smart flow, including an updated full bath and a half bath tucked into the primary bedroom, plus two separate living areas, a front living room and a spacious den, giving you room to spread out without adding square footage you do not need. The kitchen sits at the center of the home with a gas cooktop and oven, a dishwasher, and generous counter space, easy to work in and easy to gather around. Beyond the kitchen, the fenced backyard and covered porch offer a private spot to unwind, while double pane windows and gutters help keep the home comfortable and low maintenance year round. What sets this property apart at this price point is what has already been taken care of. The roof was replaced in 2023, and the water heater and sewer line were both replaced in 2024, the kind of updates that give a first time buyer real confidence rather than a list of worries.

Investor Tools

$0Estimated Mortgage Balance
$197,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,182 /month
Positive
Cash Flow Estimate:
$394 /month

Interested in this property?

RENEE ADKINS

Hirschi Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$259/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,126
$194,625
2025
$15,000
$179,625
$194,625
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,126
$194,625

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$197,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,310/mo
N/A
+$1,310/mo
8.0%

City: Wichita Falls