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Entitled Multifamily Development Land
For Sale
Contact for pricing
Pending

3500 Burkburnett Rd, Wichita Falls, TX 76306

Entitled for 156-unit garden-style apartments on a general commercial-zoned parcel in Wichita Falls.

Property SizeContact for details
Lot Size3.56 Acres
Days on Market120

Property Features for 3500 Burkburnett Rd

General Information

Standard status Pending
Lot size 3.56 Acres
Property subtype Land
Zoning general commercial

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 156
Listing Agency: Onyx Legacy Group
Listed By: Katherine Gonzalez · License #0757202
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Apr 11 at 1:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Onyx Legacy Group

Investment Insights

Based on property information with market context.

This entitled parcel is positioned for the development of 156-unit, garden-style apartments. The site is zoned general commercial, which supports multifamily development, and the project is described as PACE eligible. The offering also notes qualification for several tax credits, with at least 60% of units intended to be rented to low-income residents and the local workforce.

The property is located at 3500 Burkburnett Rd in Wichita Falls, Texas. It is directly across the street from Sheppard Air Force Base and is connected to Interstate 44 and TX Highway 240.

The North Village Apartments opportunity is presented for developers seeking to build in North Texas and potentially obtain tax credit incentives along with PACE financing.

Key Highlights

  • Entitled for 156‑unit garden‑style apartment development
  • 3.56‑acre parcel with general commercial zoning that allows multifamily development
  • Parcel is across the street from Sheppard Air Force Base

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Electrical Service Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

156
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

42
Businesses Nearby

Demographics for 76306, TX

14,664
Population
6,529
Households
2.2
Avg Household Size
37
Median Age
21%
College-Educated
87%
High-School Grad
17.1 sq mi
ZIP Area
858
Density / Sq Mi
$47,004
Median Household Income
$35,005
Median Earnings
$884
Median Rent
$105,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Entitled for 156-unit garden-style apartments on a general commercial-zoned parcel in Wichita Falls.
Where is this residential land & home lot located?
The property is located at 3500 Burkburnett Rd Wichita Falls, TX.
What are key features of this property?
This property features: Entitled for 156‑unit garden‑style apartment development; 3.56‑acre parcel with general commercial zoning that allows multifamily development; Parcel is across the street from Sheppard Air Force Base
More about this property
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