$60,000
For Sale

701 Lamar Street

Wichita Falls, TX 76306
480 sqft | 2 beds | 1 bath | 0.17 acres | #21046604
Browse 4 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Great investment opportunity in the heart of Wichita Falls! This property sits on a corner lot and features a 2-Bedroom, 1-Bath home along with a spacious metal storage building that can be conveniently accessed from Carolina Street. Offering plenty of potential, the home is being sold as-is and comes with no HOA, giving buyers flexibility for future use. In addition, the Owners are also selling 1509 N 7th Street (MLS #21046603) and 1511 N 7th Street (MLS #21045502). These two adjacent properties allow for lot continuity, ideal for combining lots, expanding, or leveraging renovation costs. This also presents the opportunity to potentially purchase all three properties together, making it a perfect chance to start a new investment portfolio or strengthen an existing one. Centrally located, these properties offer convenient access to city amenities, parks, and major highways. At modest price points, they present an excellent opportunity for smaller investors as well. Whether you’re looking to flip, hold as rentals, redevelop, or create a family home with character and ample outdoor space, this is an opportunity you won’t want to miss.

  • Interior Details
      • InteriorOther
    • Heating & Cooling
      • CoolingOther
      • HeatingOther
    • Beds & Baths
      • Bedrooms2
      • Bathrooms1
      • Full Baths1
  • Property Details
      • Lot FeaturesCorner Lot, Interior Lot, Few Trees
      • Lot DescriptionCorner Lot, Interior Lot, Few Trees
      • Exterior FeaturesStorage
      • Exterior MaterialsStorage
    • Measurements
      • Acres0.172
      • Square Feet480
    • Parking
      • Parking FeaturesStorage
  • Construction Details
      • Property Subtype AdditionalSingle Family Residence
      • StyleTraditional, Detached
      • Property TypePurchase
    • Condition
      • Year Built1939
    • Material information
      • FoundationPillar Post Pier
      • RoofComposition
  • Utilities / Energy Details
      • Utility FeaturesNatural Gas Available, Sewer Available, Separate Meters, Water Available
      • AppliancesGas Range, Refrigerator
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionOriginal Town Wf
    • Location
      • School DistrictWichita Falls ISD
      • Elementary SchoolScotland Park
      • Middle SchoolHirschi
      • CountyWichita
      • High SchoolLegacy
  • Financial Details
      • Taxes Annual$346
      • Days on Market (Cumulative)16
  • Other
      • MLS #21046604

Location

McCOWN Real EstateThe McCOWN Team
OR

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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