TX
Wichita
Electra
76360
408 N Wichita Street
408 N Wichita Street, Electra, TX 76360
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Listing Type
Single Family
Listing Status
Active
23
$39,000

Home Details for 408 N Wichita Street

Price
$39,000
Type
Residential
Bedrooms
5
Bathrooms
2.0
Square feet
2584
Year built
1935
Lot size acres
0.161
County
Wichita
Total rooms
9
Garage
Days on site
7
MLS Listing#
21119857
Property Description

This offering presents an attractive investment opportunity in the small oil-town community of Electra, Texas (ZIP 76360). The subject property at 408 N Wichita St is a spacious 2,584 sq ft, 6-bed -2-bath home built circa 1935 on a 7,000 sq ft lot. With such a large footprint and plenty of bedrooms, it lends itself to multiple value-add strategies, whether as a rental to multiple tenants or as a full rehab for flip or long-term hold. The affordability in this market means an investor can achieve a favorable entry cost, then capture upside via rental arbitrage, light improvements, and-or position for appreciation as the neighborhood evolves. The proximity to local amenities, modest local competition, and the size of the home all point to strong upside for those willing to invest in repositioning it.

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Property Features
  • Heating Information
    • Central
    • Electric
    • Natural Gas
  • Cooling Information
    • Ceiling Fan(s)
    • Electric
  • Water Features
    • Public
  • House Interior
    • Other
  • Parking
    • Open
School Information
School Information for 408 N Wichita Street, Electra, TX 76360
Elementary School
Dinsmore
Middle School
Electra
High School
Electra
Listing Courtesy: Joseph Walter Realty, LLC - 888-227-1009
Presented by: Edward Mcclintick
Dallas MLS - N.T.R.E.I.S. logoThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Last Updated: 2025-12-10 06:15:24
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Dallas MLS - N.T.R.E.I.S..
EXIT REALTY ELITE
129 S. Main St, Ste 260, Grapevine, TX 76051
Jerry Hawn
License #: 0706288
Sales Representative
Office
817 925 5503
Agent
817 905 9019
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