$400,000

1706 8th St Wichita Falls, TX 76301

Estimated payment $2,988/month

Total Views 122
17 Beds
9 Baths
7,832 Sq Ft
$51 Price per Sq Ft

Highlights

  • Dual Staircase
  • Walk-In Closet
  • High Speed Internet
  • Wood Flooring
  • Space Heater

About This Home

Amazing opportunity to own this 9-unit complex right by the hospital district. Units have had some updates but there is major potential for further upgrades and remodeling the garage apartment in the rear or possibly turn some of the units into short term rentals for hospital employees. There are currently 4 units occupied, and current rental income is $2600 but fully occupied potential rental income is near $6000 a month. Units are occupied and can be viewed with an executed contract. This property is part of a portfolio. Ask agent for information on full portfolio

Listing Agent

Ashley Self

InterHomes Realty Brokerage Phone: 817-668-0508 License #0637892 Listed on: 07/17/2025

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $9,266

Year Built

  • Built in 1930

Lot Details

  • 0.3 Acre Lot

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Dual Staircase
  • Gas Range
  • Basement

Flooring

  • Wood
  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 17 Bedrooms
  • Walk-In Closet
  • 9 Full Bathrooms

Schools

  • Scotland Park Elementary School
  • Memorial High School

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 10&11 / A
  • Assessor Parcel Number 127118

Community Details

Overview

  • 2 Buildings
  • 9 Units
  • 7,832 Sq Ft Building
  • Warford Subdivision

Building Details

  • Gross Income $70,200
  • Net Operating Income $70,200

Property Details

Home Type

Apartment

Est. Annual Taxes

$9,266

Year Built

Built in 1930

Lot Details

0

Listing Details

  • OWNERNAME: ASTW Investments, LLC
  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Attribution Contact: 817-668-0508
  • CapRate: 17.55
  • Co List Office Mls Id: AKIN00FW
  • Special Features: VirtualTour
  • Year Built: 1930

Interior Features

  • Interior Amenities: High Speed Internet, Multiple Staircases, Cable TV, Walk-In Closet(s)
  • Flooring: Combination, Hardwood, Tile, Vinyl
  • Appliances: Gas Range, Gas Water Heater, Refrigerator
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 9
  • Total Bedrooms: 17

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Construction Materials: Brick
  • Pool Features: None

Garage/Parking

  • Cooling System: Window Unit(s), WallWindow Unit(s)
  • Parking Features: Off Street

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Space Heater
  • Utilities: Sewer Available, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Scotland Park
  • High School: Memorial
  • Junior High Dist: Wichita Falls ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.298
  • Parcel Number: 127118
  • Lot Size Acres: 0.298
  • Lot Size Sq Ft: 12980.88

Building Info

  • Year Built: 1930
  • Units Total: 9

Tax Info

  • TaxBlock: A
  • Tax Lot: 10&11
  • Tax Annual Amount: 9266.0

Multi Family

  • Annual Gross Income: 70200.0
  • Property Net Operating Income: 70200.0

MLS Schools

  • MiddleOrJuniorSchool: Barwise

Map

Range of Values:

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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
07/17/2025 07/17/25 For Sale $400,000 +11.1% $51 / Sq Ft
05/10/2021 05/10/21 Sold -- -- --
04/23/2021 04/23/21 Pending -- -- --
04/02/2021 04/02/21 Price Changed $360,000 -20.0% $51 / Sq Ft
03/23/2021 03/23/21 For Sale $450,000 +200.0% $64 / Sq Ft
09/05/2015 09/05/15 Sold -- -- --
07/22/2015 07/22/15 Pending -- -- --
07/22/2015 07/22/15 For Sale $150,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21003803

North Texas Real Estate Information Systems (NTREIS)