5117 Old Jacksboro Hwy Wichita Falls, TX 76302
Property profile & analytics
5117 Old Jacksboro Hwy Wichita Falls, TX 76302
- Bars & Pubs
- 3,120 SF
- 1.21 lot acres
Property ID
US82-6960942
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.
Location Intelligence
Current Use by Public Records
- Bars & Pubs
Property Details for 5117 Old Jacksboro Hwy
- Year built
- 1956
- Construction
- WOOD
- Lot size
- 1.21 lot acres
- Property size
- 3,120 SF
- Zone code
- LI
- Property type
- Bars & Pubs
- Property subtype
- Pubs
- APN
- 0480 063 00
- APU
- 48006300
Description
This exceptional investment opportunity presents a 3,120-square-foot mixed-use property situated on a sizable 1.29-acre lot in Wichita Falls, Texas. Located at 5117 Old Jacksboro Hwy, this Class D building, constructed in 1956, offers significant potential for redevelopment or repurposing. The property's zoning is Light Industrial, allowing for a variety of uses. The building itself is approximately 3,120 square feet, with a price per square foot of $40.87. The asking price for this one-story structure is $127,500. Its prime corner location offers excellent visibility and accessibility, boasting proximity to major retailers such as Walmart, McDonald's, Starbucks, and Southerlands Home Improvement. The substantial lot size of 52,707 square feet provides ample space for expansion or future development. This property is ideal for investors seeking a high-return opportunity in a thriving commercial area. The existing building may be considered for demolition, presenting a blank canvas for a new development. The strategic location and substantial lot size make this a compelling investment prospect in a high-traffic area of Wichita Falls. The property's versatility and potential for significant return on investment make it a rare find in the current market.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Wichita Falls
- County
- Wichita
- State
- Texas
- Longitude
- -98.4935
- Latitude
- 33.8524
- 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
$2,935
$106,751
$76,907
$183,658
-
$106,751
$76,907
$183,658
