6474 Burkburnett Rd, Wichita Falls, TX 76305
This exceptional 10-acre property in Wichita Falls, Texas, presents a unique investment opportunity. Located at 6474 Burkburnett Rd, 76305, this agriculturally zoned land boasts highway frontage on Hwy 44, offering excellent visibility and accessibility. The land itself is a blend of pasture with scattered trees and cultivated areas, suitable for various uses. Existing infrastructure includes readily available electricity along the western boundary. The terrain is level to gently sloping, ideal for development or continued agricultural use. Currently generating income from solar and farm leases, this property offers immediate return on investment. Future development potential is significant, with the possibility of subdividing into single-family lots (minimum 10,000 sq ft) or negotiating new lease agreements. The property is situated across from a master-planned community of single-family homes, further enhancing its value and appeal. Additional lots are planned for development along Hwy 44. Wichita Falls, a city with a population exceeding 100,000, has a robust economy anchored by aerospace and aviation industries, providing a stable market for future growth. This 1031 exchange eligible property is a rare find, combining immediate income with substantial long-term potential. The property is conveniently located in Wichita County, Texas.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.