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$24,115

NAL Estimated Property Value

604 & 608 7th Street, Wichita Falls, TX, 76301

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths680 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1921

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete, Wood

Exterior

Lot Size1,250 sqft

Building Information

Year Built1921

Land Information

APN0020 394 00
Lot Number7
SubdivisionOriginal Town, Wf
Land UseCommercial
Legal DescriptionE/25' OF M/60' LOT 7 BLK 152 ORIGINAL TOWN, WF
Census Tract010100
Assessed Land Value$8,750
Assessed Improvement Value$21,941
Assessment Year2025

About this property

This property is located in the Wichita Falls Downtown Historic District and down the road from Wichita Falls Brewing Company and Hook & Ladder. The bottom level gives you a blank slate. The upstairs area is zoned residential and was once a hotel, but could be rezoned commercial. Any changes to the storefront must go through the Texas Historic Landmark Commission for approval. State and federal tax credits available if you follow guidelines for the interior restoration for qualifying expenses.

Investor Tools

Property Icon
$24,115
Estimated Property Value
$0Estimated Mortgage Balance
$24,115Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$954 /month
Positive
Cash Flow Estimate:
$318 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$49/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$467
$24,115
2025
$8,750
$21,941
$30,691
No

Tax History

Year
Tax Paid
Assessed Value
2024
$467
$24,115

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$24,115
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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604 & 608 7th Street | Property Details | No Agent List