$49,000
1903 Polk St, Wichita Falls, TX, 76309
$63,700 ARV
On Market
Property Lead Type:
BankruptcyMust-SellDeal ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesElectric Cooktop, Electric Oven
Exterior
Lot Size7,501 sqft
Building Information
Year Built1925
Roof Type105
Garage Spaces1
Land Information
APN1081 494 00
Lot Number5
SubdivisionFloral Heights
Land UseResidential
Legal DescriptionLOT 5 BLK 97 FLORAL HEIGHTS
Census Tract010800
Assessed Land Value$7,500
Assessed Improvement Value$73,146
Assessment Year2026
About this property
great investment property will need some repairs and tlc
Investor Tools
$0Estimated Mortgage Balance
$99,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$63,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$594 /month
Positive
Cash Flow Estimate:
$198 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$206/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,972
$80,646
2026
$7,500
$73,146
$80,646
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,972
$80,646
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$99,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
N/A
+$1,550/mo
18.8%
