Location
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.
The property is in livable condition but would benefit from cosmetic updates, offering significant value-add potential. 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
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.
The property is in livable condition but would benefit from cosmetic updates, offering significant value-add potential. 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
Property Details
Price:
$65,000
MLS #:
21145563
Status:
Active Under Contract
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Cone
Listed Date:
Jan 6, 2026
Finished Sq Ft:
1,080
Lot Size:
7,100 sqft / 0.16 acres (approx)
Year Built:
1929
Schools
School District:
Wichita Falls ISD
Elementary School:
Franklin
Middle School:
Barwise
High School:
Hirschi
Interior
Bathrooms Full
1
Fireplace Features
Living Room
Interior Features
Open Floorplan
Number Of Living Areas
1
Exterior
Lot Size Area
0.1630
Financial
See this Listing
Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.
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Similar Listings Nearby
Community
- Address1603 Speedway Avenue Wichita Falls TX
- SubdivisionCone
- CityWichita Falls
- CountyWichita
- Zip Code76301
Subdivisions in Wichita Falls
- 2303
- A-481 E SCURRY
- Arbor Hill
- Barwise & Jalon
- Bateson Add
- Belair
- Bellevue Add
- Bridge Creek Estates
- Canyon Trails
- Carriage Hills
- CBD
- Childers
- CKJP ADDITION
- Colonial Park
- Cone
- COUNTRY CHAPEL SD A-283 & A-95
- Country Club Estates
- Dembreski
- Ditto Heights
- Dutton
- East Side
- Ed Riley Sub 2
- Edgecliff Estates
- Expressway Village
- Faith Village 1
- Faith Village 2
- Floral Heights
- FLORAL HEIGHTS – NORTH
- Floral Heights W S
- Floral Heights West
- Fountain Park 1b
- Fountain Park 2d
- Grainger & Ballow
- Grants
- Highland
- Hill & Hill Heights
- Hillcrest
- Holliday Heights
- Homewood Heights
- Jalonic
- Kemp
- Lakeside City
- Lakeview Assembly of God
- Landrum & Henderson
- Lee Gilbert Sub
- Loch Lomond
- Longhorn Add
- Lynwood
- Lynwood West 1
- M ANTHONY
- Mckenzie
- Meadow Lake A
- Midwestern Farm
- Midwestern Park 1
- Mps West End Add
- Orig Bowie
- Original Town
- Original Town Wf
- Park Place
- Patterson\’s
- Rancho Vista Place
- RAY MASSIE
- REMARKS
- River Bend
- Rolling Hills
- Rolling Hills Estate
- RURAL WICHITA FALLS SW
- S B WILSON
- Sec 6 Midwestern Farms
- Sibley Taylor
- Sikes Estates
- Singleton 2
- South Side Acre
- Southland
- STONE LAKE ESTATES PHASE 9
- Sun Valley 2
- Sunnyside Heights
- Sunset Terrace
- Sunset Terrace 1
- Sunset Terrace 2
- Thaten Shopping
- University Park B1
- University Park B2
- University Park C1
- University Park East
- University Park West
- Vanguard
- Ward Add
- Willow Brook 1
- Wyatt Add
Market Summary
Current real estate data for Single Family in Wichita Falls as of Feb 14, 2026
58
Single Family Listed
223
Avg DOM
136
Avg $ / SqFt
$325,854
Avg List Price
Property Summary
- Located in the Cone subdivision, 1603 Speedway Avenue Wichita Falls TX is a Single Family for sale in Wichita Falls, TX, 76301. It is listed for $65,000 and features 2 beds, 1 baths, and has approximately 1,080 square feet of living space, and was originally constructed in 1929. The current price per square foot is $60. The average price per square foot for Single Family listings in Wichita Falls is $136. The average listing price for Single Family in Wichita Falls is $325,854. To schedule a showing of MLS#21145563 at 1603 Speedway Avenue in Wichita Falls, TX, contact your Aaron Layman Properties agent at 940-209-2100.
1603 Speedway Avenue
Wichita Falls, TX