Last 24 Hours
$375,600
NAL Estimated Property Value5308 Burkburnett Road, Wichita Falls, TX, 76306
Off Market
Commercial
— Beds
— Bath
11,880 Sq Ft
Warehouse
$105.22 / sqft
Built in 1978Highlights
Interior
Bedrooms —
Bathrooms —FlooringConcrete
Exterior
Lot Size1.38 acres
Building Information
Year Built1978
Land Information
APN1173 004 00
Lot Number3
SubdivisionG.L. Friberg
Land UseIndustrial
Legal DescriptionLOT 3 BLK 1 G.L. FRIBERG
Census Tract013202
Assessed Land Value$65,099
Assessed Improvement Value$404,901
Assessment Year2025
About this property
Recently completed rehab on storage unit complex across the road from Sheppard Air Force Base in Wichita Falls. The complex is located in a high traffic area. Unit sizes are 5 x 10, 10 x 10, 10 x 15, 10 x 20, 10 x 30, 12 x 40 uncovered RV or trailer spots. The majority of the tenants are military due to the location. Keycode access to the property.
Investor Tools
$375,600
Estimated Property Value
$0Estimated Mortgage Balance
$375,600Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,500 /month
Positive
Cash Flow Estimate:
$2,500 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$472/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,783
$375,600
2025
$65,099
$404,901
$470,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,783
$375,600
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$375,600
100%
0%
$0/mo
12.4%