Last 24 Hours
$119,608
NAL Estimated Property Value917 Scott Avenue, Wichita Falls, TX, 76301
Off Market
Commercial
— Beds
— Bath
14,100 Sq Ft
Retail
Built in 1910Highlights
Interior
Bedrooms —
Bathrooms —FlooringWood
Exterior
Lot Size7,501 sqft
Building Information
Year Built1910
Land Information
APN0020 747 00
Lot Number10
SubdivisionOriginal Town, Wf
Land UseCommercial
Legal DescriptionLOT 10 BLK 183 ORIGINAL TOWN, WF
Census Tract010100
Assessed Land Value$18,753
Assessed Improvement Value$100,855
Assessment Year2025
About this property
Historic 1910 building in the heart of Downtown Wichita Falls. This three story building with a basement is available for a multitude of opportunities with a large presence on Scott Avenue. Seller financing with low down payment and affordable terms. The seller is also open to partially funding repairs with an acceptable business plan. This building also qualifies for city incentives in addition to owner financing. Sealed bids are being accepted now. Seller reserves the right to negotiate any bid.
Investor Tools
$119,608
Estimated Property Value
$25,141Estimated Mortgage Balance
$94,467Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,137 /month
Positive
Cash Flow Estimate:
$379 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$300/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,003
$119,608
2025
$18,753
$100,855
$119,608
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,003
$119,608
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First American Bank Ssb
Open End Mortgage / Open End With Future Advance Clause
$60,000
No
First
Jan 21, 2005
Jan 2010
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$25,141
$94,467
78%
21%
$360/mo
12.4%