$110,000
1507 N 7th St, Wichita Falls, TX, 76306
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityCash BuyersMove-In Ready
Highlights
Interior
AppliancesDishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave
FlooringLaminate
Exterior
Lot Size7,000 sqft
Building Information
Year Built1944
Roof Type112
Land Information
APN3060 390 00
Lot Number4
SubdivisionScotland
Land UseResidential
Legal DescriptionLOT 4 BLK 20 SCOTLAND
Census Tract011100
Assessed Land Value$6,000
Assessed Improvement Value$21,110
Assessment Year2026
About this property
Completely remodeled and full of possibilities! This home offers 3 bedrooms and 1 bathroom, or 2 bedrooms with a bonus room perfect for an office, hobby room, or large utility room. Enjoy fresh updates throughout and central HVAC for year-round comfort. The large backyard offers plenty of space to entertain, garden, or create your own outdoor retreat.
Investor Tools
$0Estimated Mortgage Balance
$35,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$660 /month
Positive
Cash Flow Estimate:
$220 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$63/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$577
$27,110
2026
$6,000
$21,110
$27,110
No
Tax History
Year
Tax Paid
Assessed Value
2025
$577
$27,110
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$35,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,100/mo
N/A
+$1,100/mo
37.7%
