$79,000
- 2 Beds
- 1 Bath
- 840 Sq Ft
106 Patterson St, Wichita Falls, TX 76301
Ciarra Birch PARAMOUNT REAL ESTATE SERVICES
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Why Live in Lake Wellington Estates
Lake Wellington Estates in Wichita Falls is a residential neighborhood known for its newer homes built from the 2000s onwards, with a uniform look of brick, neo-traditional styles. The community is anchored by the highly rated West Foundation Elementary School, making it a popular choice for families. The neighborhood is situated on the western side of Wichita Falls, with some homes offering scenic views of Lake Wellington, although the lake is not used for fishing or boating. The area is safer than the national average, providing a low crime risk environment for residents. Spacious backyards, often featuring pools, and modest front yards with trim hedges are common, while new homes continue to be built slowly but steadily.
Lake Wellington Estates is conveniently located just north of Kell West Boulevard, a key route leading to shopping areas and other amenities. Residents are about 7 miles from downtown Wichita Falls, known for its growing gastropub scene and vibrant annual events, and 10 miles from Sheppard Air Force Base, a major local employer. The neighborhood lacks a designated park, but several recreational options are within a 6-mile radius, including Belair Park, Weeks Park, and Wichita Bluff Nature Area.
Dining options near the neighborhood feature a mix of chain and local restaurants, with favorites like Willie's Place for specialty burgers and McBride's Steakhouse for mesquite-grilled steaks. The nearby Sikes Senter mall offers various national chains and an AMC Theatre. Memorial Stadium, around 2 miles away, is a hub for high school and college football games, while downtown Wichita Falls hosts a year-round farmer's market and the annual Hotter'N Hell Hundred cycling event.
Home Trends in Lake Wellington Estates, TX
On average, homes in Lake Wellington Estates, Wichita Falls sell after 52 days on the market compared to the national average of 51 days. The median sale price for homes in Lake Wellington Estates, Wichita Falls over the last 12 months is $500,000, down 11% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$500,000
Median Single Family Sale Price
$499,950
Average Price Per Sq Ft
$180
Number of Homes for Sale
1
Last 12 months Home Sales
16
Months of Supply
0.80
Median List Price
$529,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-11%
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Homes in Nearby Counties
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