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    Property profile & analytics

    1206 Central Fwy Wichita Falls, TX 76306-6123

    • Turn key restaurants
    • 4,200 SF
    • 0.77 lot acres
    OFF-MARKET
    Value Estimation
    $540,000
    Last Sale
    Dec 19, 2022
    Location Intelligence
    Property ID
    US82-6621151
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Denny's / Diner / American Restaurant
    • The Meltdown / Restaurant
    • The Burger Den / Delivery Restaurant

    Property Details for 1206 Central Fwy

    Year built
    1970
    Construction
    CONCRETE BLOCKS
    Lot size
    0.77 lot acres
    Property size
    4,200 SF
    Zone code
    GC
    Property type
    Turn key restaurants
    APN
    2820 173 01
    APU
    282017301

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wichita Falls
    County
    Wichita
    State
    Texas
    Longitude
    -98.5199
    Latitude
    33.9366
    CBSA code
    48660
    CBSA name
    WICHITA FALLS, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,521
    $181,458
    $339,683
    $521,141
    -
    $181,458
    $339,683
    $521,141

    Comparable in this City

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      1,520 SF

      513 Mlk Jr Blvd

      RESTAURANT • 1,520 SF
      513 Mlk Jr Blvd, Wichita Falls, TX 76306-7644
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      $470,000
      5,100 SF

      1100 Sheppard Access Rd

      RESTAURANT • 5,100 SF
      1100 Sheppard Access Rd, Wichita Falls, TX 76306-5940
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    • Value Estimation
      $530,000
      4,160 SF

      4014 Sheppard Access Rd

      RESTAURANT • 4,160 SF
      4014 Sheppard Access Rd, Wichita Falls, TX 76306-4225
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    • Value Estimation by Request
      3,380 SF

      1610 Enterprise St

      RESTAURANT • 3,380 SF
      1610 Enterprise St, Wichita Falls, TX 76306-2402
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    • Value Estimation by Request
      10,148 SF

      2400 Sierra Dr

      RESTAURANT • 10,148 SF
      2400 Sierra Dr, Wichita Falls, TX 76306-4936
      View Details

    Similar Nearby for Sale

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      Commercial property suitable for a restaurant near an Air Force Base.
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    • Contact for pricing
      70.48 Acres

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      Vacant lot in Wichita Falls, TX, ideal for development.
      610 N Beverly Dr, Wichita Falls, TX 76306
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    • $55,000
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      Single Family Home For Sale

      Two-bedroom, one-bath single family home, currently rented for $750/month.
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    Similar Nearby for Lease

    • Contact for pricing
      7,511 SF

      Wichita Falls Retail Space For Lease

      7,511 SF Retail Space, Excellent Visibility
      3430 Burkburnett Rd, Wichita Falls, TX 76306
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    • Contact for pricing

      Land Available For Lease

      Land available for lease with flexible sizing options.
      3901 Central Fwy E, Wichita Falls, TX 76306
      View Details

    Property Visit Statistics

    • Visits by month
      9.2k
    • Visitors by month
      6.1k
    • Avg Time on site
      55 min
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    1206 Central Fwy
    Wichita Falls, TX 76306-6123
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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
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