407 Dallas, Wichita Falls, TX 76031

This is a vacant, level lot with a functional footprint designed to support straightforward development and streamlined construction. At approximately 7,501 square feet, the property offers flexibility for a range of floor plans while helping keep build costs manageable. Utilities are available in the area, with the buyer to verify, and the site’s layout is positioned for projects such as a spec home, a rental build, or other entry-level new construction products. With no HOA, the property provides greater design freedom and fewer restrictions for tailoring the finished product to buyer or tenant preferences.

The lot is located in a quiet, established area just outside Wichita Falls, offering convenient access to employment centers as well as retail and dining. For investors and builders, the surrounding demand for affordable housing can support both resale and rental appeal. The terrain is described as level, and the access is characterized as straightforward, which can help reduce friction during the early stages of planning and construction.

Given its size, level grade, and lack of HOA restrictions, this property is a practical fit for builders seeking a manageable spec opportunity or investors looking for a low-cost entry point. The seller is also willing to consider owner financing with terms of $10,000 and 20% down, subject to approval and final agreement.