Why Live in Sunset Terrace
Sunset Terrace in Wichita Falls is characterized by its vintage charm, with patched roads, tall trees, iron fences, and brick homes primarily built in the 1960s. Homes in this neighborhood range from over 7,000 square feet to a quarter of an acre, featuring wood paneling, decorative stonework, and A-frame roofs. While some homes have been converted to include more living space, others retain their original garages for car storage, which is practical given the region's hailstorms. The neighborhood experiences cyclical droughts and occasional wildfires, though significant tornadoes are rare. Sunset Terrace Park and nearby City View Park offer small playgrounds and open grassy areas, while Lucy Park, just over 5 miles away, provides extensive recreational opportunities with trails, a suspension bridge, and a duck pond. For shopping, residents frequent City View Mart for convenience items, while United Supermarkets and Walmart Supercenter are just over 2 miles away. Dining options include The Original Casa Mañana and Luigi's Pizza, known for its tiramisu. Downtown Wichita Falls, about 4 miles away, hosts events like the Watermelon Fest and the annual art walk. Major highways such as U.S. 287 and Interstate 44 provide connectivity, with Sheppard Air Force Base and Wichita Falls Regional Airport less than 5 miles away. The City View Independent School District, with its highly rated schools, offers a smaller, more personalized educational environment.
Frequently Asked Questions
Is Sunset Terrace a good place to live?
Sunset Terrace is a good place to live. Sunset Terrace is considered very car-dependent and somewhat bikeable. Sunset Terrace has 2 parks for recreational activities. It is somewhat dense in population with 7.4 people per acre and a median age of 36. The average household income is $66,789 which is below the national average. College graduates make up 18.1% of residents. A majority of residents in Sunset Terrace are home owners, with 29.8% of residents renting and 70.2% of residents owning their home. A
local real estate agent serving Sunset Terrace can help you decide if this neighborhood is the right one for you. Learn more on our
Sunset Terrace neighborhood guide.
Is Sunset Terrace, TX a safe neighborhood?
Sunset Terrace, TX is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Sunset Terrace?
The median home price in Sunset Terrace is $519,000. If you put a 20% down payment of $103,800 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,690 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $115K a year to afford the median home price in Sunset Terrace. The average household income in Sunset Terrace is $67K.
What are the best public schools in Sunset Terrace?
The best public schools that serve Sunset Terrace are:
What are the most popular zip codes in Sunset Terrace, Wichita Falls, TX?
What are the most popular neighborhoods near Sunset Terrace, Wichita Falls, TX?
Are home prices dropping in Sunset Terrace?
Yes, home prices in Sunset Terrace are down 8% in the last 12 months.
Home Trends in Sunset Terrace, TX
On average, homes in Sunset Terrace, Wichita Falls sell after 24 days on the market compared to the national average of 70 days. The median sale price for homes in Sunset Terrace, Wichita Falls over the last 12 months is $644,000, up 29% from the median home sale price over the previous 12 months.
Median Sale Price
$644,000
Median Single Family Sale Price
$644,000
Median Townhouse Sale Price
$479,900
Median 2 Bedroom Sale Price
$250,000
Average Price Per Sq Ft
$299
Number of Homes for Sale
4
Last 12 months Home Sales
18
Median List Price
$519,000
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
29%