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    409 Park St Burkburnett, TX 76354

    Picture of Apartment buildings at Park St 409, Burkburnett, TX
    For Sale
    $424,500

    Complex - Burkburnett, TX

    Property size:
    5,212 SF
    Days on Market:
    79
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 409 Park St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Unassigned
    Size
    5,212 SF

    Building Details

    Floors in Building
    2
    Number of units
    8
    Building materials
    Brick, Brick Veneer
    Architectural style
    Other

    HIRSCHI REALTORS (940) 692-8120 [email protected]

    Listing agent LEE BYBEE (940) 692-8120 License #0343311

    Listing date Sep 18, 2025

    MLS# 180377 Listing URL

    Copyright © 2025 Wichita Falls Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Unit Apartment Complex in Burkburnett

    This multi-unit apartment complex is located in Burkburnett. The complex features eight individual units, each updated and equipped with its own electric meter, allowing tenants to pay their own electric bills. Rent includes water and gas. Parking is available in front of the complex, and each unit has a small porch area overlooking the front yard. Recent updates include a newly installed central water heater, interior painting, kitchen remodels, and bath remodels. The gas meter was updated in 2024. The property offers a total size of 5212 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Burkburnett
    County
    Wichita
    State
    Texas
    Longitude
    -98.568439
    Latitude
    34.089986

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    FAQs

    What type of property is this?
    Apartment building - Multi-unit apartment complex with updated units and individual electric meters.
    Where is this apartment building located?
    The property is located at 409 Park St Burkburnett, TX.
    What is the asking price?
    The asking price for this property is $424,500.
    What are key features of this property?
    This property features: - Eight individual units offer strong income potential.; - Each unit has its own electric meter, with tenants paying their own electric bills.; - Recent updates include a new gas meter (2024), central water heater, interior painting, kitchen remodels, and bath remodels.
    (940) 692-8120
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    409 Park St Burkburnett, TX 76354
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