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    502 Ohio Ave Wichita Falls, TX 76301

    For Sale
    $119,900

    Lot < 1 Acre - Wichita Falls, TX

    Type:Single Family Residence
    Lot size:
    0.51 Acres
    Days on Market:
    278
    Last Refresh:
    Dec 11 at 10:06 am

    Property Features for 502 Ohio Ave

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Lot size
    0.51 Acres

    Building Details

    Architectural style
    Other

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

    Listing agent CARLA ROGERS (940) 692-8120 License #0538455

    Listing date Mar 9, 2025

    MLS# 174178 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

    Downtown Wichita Falls Cleared Lot

    This recently cleared 0.5165-acre lot is located in the historical downtown area of Wichita Falls. The lot is almost completely flat and is situated five blocks from the Kay Yeager Coliseum, the Convention Center, and the new Delta Hotel. It is also directly behind the Backdoor Theatre. Interested parties should check with the City of Wichita Falls for potential uses of the property, taking advantage of the growing downtown area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wood Ruby engineering Historical Landmark

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Wichita Falls
    County
    Wichita
    State
    Texas
    Longitude
    -98.492309
    Latitude
    33.915761

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    FAQs

    What type of property is this?
    Land - Cleared 0.51 acre lot in growing downtown Wichita Falls.
    Where is this land located?
    The property is located at 502 Ohio Ave Wichita Falls, TX.
    What is the asking price?
    The asking price for this property is $119,900.
    What are key features of this property?
    This property features: - Large, flat, recently cleared .5165 acre lot.; - Prime location in Historical Downtown WF.; - Close proximity (5 blocks) to Kay Yeager Coliseum, Convention Center, and the new Delta Hotel.
    (940) 692-8120
    Request Owner's contact information
    502 Ohio Ave Wichita Falls, TX 76301
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    Wichita Falls, TX 76301
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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
    502 Ohio Ave Wichita Falls, TX 76301
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