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Days43Days on Market
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$83,200

$104,000

513 W Inwood Dr, Wichita Falls, TX, 76301

$108,160 ARVInfo
On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,216 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$68.42 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

BankruptcyPre-ForeclosureDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher
FlooringOther

Exterior

Lot Size6,800 sqft

Building Information

Year Built1949
Roof Type105
Garage Spaces1

Land Information

APN2390 007 00
Lot Number7
SubdivisionMorningside Park E
Land UseResidential
Legal DescriptionLOT 7 BLK 1 MORNINGSIDE PARK E
Census Tract010900
Assessed Land Value$7,000
Assessed Improvement Value$94,417
Assessment Year2025

About this property

This one-story classic 3-bedroom 2-bath is ideal for both retirees and first-time buyers. A good-sized living area and kitchen enhance the appeal of this home. The repairs needed appear to be mostly cosmetic in nature, making this an ideal home for the savvy buyer. The schools and the nearby shopping are excellent.

Investor Tools

$67,577Estimated Mortgage Balance
$35,423Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$108,160
Rent-to-Value Ratio: 0.72%
Rent Estimate
$618 /month
Positive
Cash Flow Estimate:
$206 /month

Interested in this property?

Daniel Kubinski

Crowned Eagle Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$200/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,886
$97,442
2025
$7,000
$94,417
$101,417
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,886
$97,442

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primewest Mortgage Corp
Unknown
$80,141
No
First
Sep 27, 2018
Oct 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$67,577
$35,423
34%
66%
$481/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,274/mo
$481/mo
+$793/mo
14.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Wichita Falls

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513 W Inwood Dr | Property Details | No Agent List