408 N Wichita Street, Electra, TX 76360
Local realty services provided by:CENTURY 21 Gold Coat Realtors
Listed by: edward mcclintick888-227-1009
Office: joseph walter realty, llc.
MLS#:21119857
Source:GDAR
Price summary
- Price:$35,000
- Price per sq. ft.:$13.54
About this home
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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Home facts
- Year built:1935
- Listing ID #:21119857
- Added:23 day(s) ago
- Updated:December 18, 2025 at 12:42 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
- Living area:2,584 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Electric
- Heating:Central, Electric, Natural Gas
Structure and exterior
- Roof:Metal
- Year built:1935
- Building area:2,584 sq. ft.
- Lot area:0.16 Acres
Schools
- High school:Electra
- Elementary school:Dinsmore
Finances and disclosures
- Price:$35,000
- Price per sq. ft.:$13.54
- Tax amount:$1,664
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