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About This Home

This 2-bedroom, 1-bathroom single family at 1603 Speedway Avenue in Wichita Falls, TX is listed for $49,000 ($45 per sqft). Built in 1929, the home offers 1,080 sqft of living space on a 0.16 acres lot.

Agent Description

***Back on the Market no fault to seller, Buyer financing fell through....Investor Special, Wichita Falls, TX Excellent opportunity for investors seeking a value add property with strong upside potential. This 2 bedroom, 1-bath home is vacant, making it ideal for immediate renovations or a quick rent up.

Estimated market rent ranges from $900 to $1,200 per month, depending on finishes and improvements. With renovations, the ARV is estimated at $135,000, providing room for equity growth or improved cash flow. The home is located approximately 9 miles from Wichita Falls High School and sits in a market with consistent rental demand.

Virtual photos are included to showcase remodel ideas and future potential. Vacant ready for improvements Value add opportunity Estimated rent, $900 to $1,200month Virtual remodel images included Property sold As Is Cash offers preferred ***seller will consider Seller financing! Call agent for terms.

Key Features

  • Built in 1929
  • 0.16 acre lot
  • Fireplace

Property Details

1 story
1 full
1929

Amenities

Fireplace

Monthly Cost Estimate

$262/mo

20% down · 6.5% · 30 years

Principal$35
Interest$212
Insurance$14

Estimates only. Actual payments may vary.

Location

1603 Speedway Avenue

Wichita Falls, TX 76301

Cone

Features & Amenities

Interior Features

OpenFloorplan

Property Details

Parking

Driveway

Appliances

GasRangeGasWaterHeaterRefrigerator

Questions & Answers

This 2-bedroom, 1-bathroom single family at 1603 Speedway Avenue is listed at $49,000 ($45/sqft). The estimated monthly payment is $212 based on 20% down at 6.5% interest.

Key features include: Built in 1929, 0.16 acre lot, Fireplace. Interior Features: OpenFloorplan.

This property is listed by Jeanetu Andrade and can be reached at 281-861-6199.

JA

Jeanetu Andrade

Agent at Realty of America, LLC

(281) 861-6199

Listed by Realty of America, LLC · View on Broker Site

MLS# 21145563· Source: listhub· Updated today

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1603 Speedway Avenue, Wichita Falls, TX 76301

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