$1,246 Closing Credit¹
#20855170, Scott Williams, Listing Office: Williams Realty and Auction LLC
$75,000 List price
1603 Speedway Ave Wichita Falls, TX 76301
$891
Closing credit¹
2 beds
1 full
1,080 sqft
0.2 acres
$69 / sqft
House
Property details
About 1603 Speedway Ave
Charming 2-Bed, 1-Bath Investment Opportunity in Wichita Falls, TX! This cozy 2-bedroom, 1-bath home is perfect for investors looking to expand their rental portfolio. Currently tenant-occupied for 10 years by reliable tenants who always pay on time, this property offers immediate rental income and stability. While the home could use some TLC, there are no known issues, making it a great opportunity for value-add potential. Located in a desirable rental market, this property is an excellent addition for both seasoned and first-time investors. Don’t miss out on this cash-flowing gem!
Highlights
Home typeSingle Family Residence
StatusActive
Size1,080 sqft
Lot size0.163 Acres
Year built1929
ParkingDriveway, Gravel
MLS #20868528
FireplaceLiving Room
Summary
- MLS Number: 20868528
- MLS Name: NTR
- Office Name: Realty of America, LLC
- Office Phone: (512) 788-9495
- Listing Agent: Naara Andrade
©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 3/13/2025, 4:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$75,000
1603 Speedway Ave
$891
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $74,158 | $1,721 |
| 2023 | $72,777 | $1,634 |
| 2022 | $64,082 | $1,634 |
| 2021 | $34,067 | $765 |
| 2020 | $29,963 | $768 |
| 2019 | $29,739 | $768 |
| 2017 | $29,646 | $768 |
History based on county public records data.
Nearby schools
5
Franklin Elementary School
Public District KG-5
1.0 mi
•2112 Speedway Ave
3
Southern Hills Elementary School
Public Magnet PK-5
1.2 mi
•3920 Armory Rd
3
Zundy Elementary School
Public District KG-5
1.5 mi
•1706 Polk St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $64,555. Residents of Wichita Falls, TX typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
23%
<35k
39%
35k-100k
11%
100k-200k
27%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
46%
Single, No Kids
8%
Single, with Kids
29%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
7%
12-17 yrs old
18%
18-34 yrs old
42%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
Minor League Baseball Games
Figure Skating
Where do the neighbors shop?
Chico's
New York & Company
Express/Express For Men
Where do the neighbors go to eat?
Boston Market
Chick-fil-A
Bob Evans
What do the neighbors drive?
Volvo
Kia
Oldsmobile
What do the neighbors listen to?
Talk/Personality
News
Urban Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1603 Speedway Ave
This home is located at 1603 Speedway Ave in Wichita Falls, TX and zip code 76301. This 1,080 square foot home, which was built in 1929, sits on a 0.16 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 12, 2025 and is currently priced at $75,000.
In February 2025 in Wichita Falls, TX there were 9.9% more homes for sale than in January. While the average time on the market in February 2025 was 86 days, the median list price was $212,200.
From Rocket Homes Real Estate and based on county public records data.