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$425,000

5808 Northwest Freeway, Wichita Falls, TX, 76305

On MarketInfo
CommercialInfo
Baths0 Bath
Baths3,034 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1970

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCarpet, Ceramic Tile

Exterior

Lot Size2.57 acres

Building Information

Year Built1940

Land Information

APN4833 026 25
Lot Number1,B
SubdivisionAbst. 591
Land UseOther / Unknown
Legal DescriptionLOT 1-B BLK 1 COUNTRY CHAPEL S/D A-283 & A-95
Census Tract013100
Assessed Land Value$34,700
Assessed Improvement Value$740,711
Assessment Year2025

About this property

Charming country chapel located at the corner of Wellington and Hwy 287. The sanctuary offers 3,034 sq ft, with an additional 4,305 sq ft of space including a large kitchen and six classrooms. Kitchen features 3 ovens and 2 cooktops—perfect for events. Includes 7 bathrooms, a nursery, and ample parking. Ideal for growing congregations or community gatherings, with plenty of space inside and out.

Investor Tools

$0Estimated Mortgage Balance
$770,969Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,626 /month
Positive
Cash Flow Estimate:
$1,542 /month

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RE/MAX Elite Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$321/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$770,969
2025
$34,700
$740,711
$775,411
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$770,969

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$770,969
100%
0%
$0/mo

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: Wichita Falls

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5808 Northwest Freeway | Property Details | No Agent List