$175,000

1612 Fm 368 S Iowa Park, TX 76367

Estimated payment $1,128/month

Total Views 354
3 Beds
2 Baths
1,216 Sq Ft
$144 Price per Sq Ft

About This Home

Investor special! Package deal with 2 income-producing properties in Iowa Park, both with long-term tenants in place. 1612 S FM 368: 2009 manufactured home, 3 bed, 2 bath, open living/kitchen/dining, central HVAC, located outside city limits. 104 E Garden: 2 beds, 1 bath home with 2 living areas, window units, gas wall heater, fenced backyard, and storage shed. Both are situated in Iowa Park ISD. Great opportunity to add to your rental portfolio!

Listing Agent

Brittany Ratliff

MURRAY AND CO. License #0577215 Listed on: 08/04/2025

Property Details

Home Type

  • Multi-Family

Home Design

  • 1,216 Sq Ft Home
  • Post and Beam
  • Composition Roof
  • Aluminum Siding

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 114054

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Inv Bundle/Will Not Divid
  • Old Lot Block: see agent remarks
  • Zoning District: Single Family Res
  • Land Area: .27
  • Projected Monthly Income: $825
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Sq Ft: 143.91
  • Number Of Stories: 2 or Less
  • Estimated Sq Ft: 1216

Exterior Features

  • Foundation: P & B
  • Roof: Composition
  • Construction Type: Alum/Vinyl Siding

Schools

  • School District: Iowa Park

Lot Info

  • Flood Plain: Unknown

Rental Info

  • Lease Info: Month To Month
  • Tenant Pays: Electric, Trash Collection, Lawn Maintenance, Deposit

Tax Info

  • Assessor Parcel Number: 114054

Multi Family

  • Number Of Units: 2

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 For Sale $175,000 -- $144 / Sq Ft
Source: Wichita Falls Association of REALTORS®

Similar Home in Iowa Park, TX

  • 104 E Garden Dr, Iowa Park, TX 76367

    $175,000

    • 2 Beds
    • 1 Bath
    • 968 Sq Ft
    • 104 E Garden Dr
    • Iowa Park, TX

    Investor special! Package deal with 2 income-producing properties in Iowa Park, both with long-term tenants in place. 104 E Garden: 2 bed, 1 bath home with 2 living areas, window units, gas wall heater, fenced backyard, and storage shed. 1612 S FM 368: 2009 manufactured home, 3 bed, 2 bath, open living/kitchen/dining, central HVAC, located outside city limits. Both in Iowa Park ISD. Great

    Brittany Ratliff MURRAY AND CO.

    Section Image

Source: Wichita Falls Association of REALTORS®

MLS Number: 179767

Wichita Falls Association of REALTORS®