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$169,000

NAL Estimated Property Value

542 Elva Court, Wichita Falls, TX, 76305

Off MarketInfo
Baths0 Bath
Baths1,000 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size10 acres

Building Information

Year Built2000

Land Information

APN000810000400430000000
Land UseAgriculture / Farming
Legal DescriptionAB 81 CHEROKEE CSL TRACT 12
Census Tract030301
Assessed Land Value$110,000
Assessed Improvement Value$10,950
Assessment Year2025

About this property

Beautiful piece of land in Cherokee addition just waiting on a wonderful home to be built! Attractive piped entryway leading up to the pavilion, Cleared land with three surface tanks and one stocked with at least 4-pound bass! Dean Dale water available and electric pole already set on property.

Investor Tools

Property Icon
$169,000
Estimated Property Value
$0Estimated Mortgage Balance
$169,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,074 /month
Positive
Cash Flow Estimate:
$358 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$134/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$767
$47,850
2025
$110,000
$10,950
$120,950
No

Tax History

Year
Tax Paid
Assessed Value
2025
$767
$47,850

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$169,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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542 Elva Court | Property Details | No Agent List