Do Real Estate on the Go!
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Do Real Estate on the Go!
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$40,000
5 Beds
- 2 Baths
2 full baths
2,584sqft
408 N Wichita St, Electra, TX 76360
$40,000
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Single Family Residence
Built in 1935
$-- HOA
0.16 acre lot
$15/sq.ft
Description
This offering presents an attractive investment opportunity in the small oil-town community of Electra, Texas (ZIP 76360). The subject property at 408 N Wichita St is a spacious 2,584 sq ft, 6-bed -2-bath home built circa 1935 on a 7,000 sq ft lot. With such a large footprint and plenty of bedrooms, it lends itself to multiple value-add strategies, whether as a rental to multiple tenants or as a full rehab for flip or long-term hold. The affordability in this market means an investor can achieve a favorable entry cost, then capture upside via rental arbitrage, light improvements, and-or position for appreciation as the neighborhood evolves. The proximity to local amenitie...
Continue ReadingProperty Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
--
Year Built
1935
HOA Fees
-
Finished Area
2,584 sqft
Lot Size
0.16 acre lot
Basement Area
- sqft
MLS Name
NTREIS MLS
MLS Number
21119857
MLS Status
Active
Days on Market
-
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