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$183,561

NAL Estimated Property Value

5114 Fairway Boulevard, Wichita Falls, TX, 76310

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths2 Bath
Baths1,406 Sq Ft
price_per_sqft$1.1 / sqft
Year BuiltBuilt in 1961

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Oven, Gas Range, Refrigerator, Washer
FlooringCarpet, Laminate

Exterior

Lot Size7,501 sqft

Building Information

Year Built1961
Roof Type105
Garage Spaces1

Land Information

APN2250 023 00
Lot Number23
SubdivisionMeadow Lake B
Land UseResidential
Legal DescriptionLOT 23 BLK 4 MEADOW LAKE B
Census Tract012301
Assessed Land Value$16,000
Assessed Improvement Value$167,561
Assessment Year2025

About this property

Only 4-bedroom home available in the Memorial & Rider school zone! Flexible layout with bonus room for 4th bedroom, office, or second living. Located directly across from Lake Wichita Park, dog park, trails, and the lake. Includes fridge, stove & oven, dishwasher, washer,and dryer. Large yard with privacy fence and deck. Pets allowed with $500 non-refundable pet fee. $1,550 per month + $1,500 deposit due up front.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$414/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,049
$183,561
2025
$16,000
$167,561
$183,561
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,049
$183,561

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Union Square Fcu
Open End Mortgage / Open End With Future Advance Clause
$136,000
No
First
Jun 28, 2021
Jun 2022

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$123,009
$60,552
32%
67%
$816/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,520/mo
$816/mo
+$704/mo
9.9%

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.

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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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5114 Fairway Boulevard | Property Details | No Agent List