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Days349Days on Market
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$30,649

509 N Waggoner Street, Electra, TX, 76360

$39,844 ARVInfo
On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,124 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$27.27 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

BankruptcyMust-SellAbsentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available

Exterior

Lot Size7,000 sqft

Building Information

Year Built1930
Roof Type105
Garage Spaces2

Land Information

APN7A10 431 00
Lot Number17,18
SubdivisionOriginal Town, E
Land UseResidential
Legal DescriptionLOTS 17 & 18 BLK 49 ORIGINAL TOWN, E
Census Tract013700
Assessed Land Value$2,590
Assessed Improvement Value$9,658
Assessment Year2025

About this property

INVESTORS! Take in Electra's small-town charm in this two-bedroom, one bathroom home! The perfect opportunity for those wanting to customize a home to their needs. Coming with new roof. North Waggoner St. sets you at the perfect location, you'll be down the street from the Electra Public Library, Grand Theatre, Crazy Horse Saloon and Pump City Diner! Proximity to Highway 287 also gives you easy access to neighboring towns like Vernon and Wichita Falls. This property is part of an exclusive investor special package available for a limited time. WE MAKE IT EASY TO OWN. This is a great opportunity! Don't wait call us today to get more information on the owner's easy terms and smooth process that may be able to put the deed in your name and make this your dream property. When you call make sure and ask about the other properties we have for sale in the Electra Texas Area.

Investor Tools

$0Estimated Mortgage Balance
$30,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$39,844
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

Interested in this property?

Chet Polniazek

1st Texas Realty Services

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$76/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$765
$12,248
2025
$2,590
$9,658
$12,248
No

Tax History

Year
Tax Paid
Assessed Value
2024
$765
$12,248

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$30,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,274/mo
N/A
+$1,274/mo
51.0%

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: Electra

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