OFF MARKET Wichita Falls, TX – High-Equity, Cash-Flow Opportunity

$39,000 • 3 Beds / 1 Baths • 1,320 SqFt
Offer Submission Deadline
  • Single Family House
  • 3
  • 1
  • 1976
  • 1320
  • 15002
  • Attached Garage

Description

708 Clay St, Wichita Falls, TX 76306

3 Beds / 1 Bath / 2 car Garage | 1,320 Sq Ft | 15,002 Sq Ft basically 2 Lots | Built 1976 | SFR

High-Equity, Cash-Flow Opportunity – Vacant and ready for an investor. Previously used for storage; minor plumbing and updates required. New roof installed 1.5 years ago. Previous tenant backed out three weeks ago — immediate access available.

Why This Deal Is a Must-See:

Recent SOLD Comp at $187k

4602 summit dr 3bed 2 bath 1 car garage on .17 acre (OURS IS ON .34 ACRES)

Rental Comps in the 76306 Zip code:

  • 11 Bazely Cir – 3/2, 1,400 sq ft → $1,800/mo
  • 5220 Air Force Dr – 3/2, 1,492 sq ft → $1,800/mo

Deal Terms:

  • $5,000 Earnest Money Deposit (EMD)
  • No option period
  • Buyer pays all closing costs, title fees, and $500 transaction coordinator fee
  • Cash or hard money

Estimated Spread

  • ARV $180,000
  • Price $39,000
  • Spread $141,000