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    Wichita Falls, TX Residential Income Properties for Sale

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    Iowa Park, TX Dean, TX Burkburnett, TX Holliday, TX Petrolia, TX Byers, TX Henrietta, TX Electra, TX
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    Renovated Duplex Ready for Occupancy
    Updated: Apr 30, 2025
    Renovated Duplex Ready for Occupancy

    1608 Lucile Avenue, Wichita Falls, TX 76301

    $210,000
    1,915 sqft
    Completely renovated duplex with modern finishes
    Turn‑key property suitable for investment, owner‑occupancy, or rental
    Two units offer flexibility for buyers and tenants
    Seller is motivated and open to negotiating a split sale
    New flooring, fresh paint, updated cabinetry, and sleek countertops
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    This listing looks promising.

    Here's a quick look at some key insights for

    1608 Lucile Avenue, Wichita Falls, TX 76301

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    • Est. Cap Rate

      8.2%
      Above avg (5.9%)

    • Est. NOI

      $17K
      Annual

    • Price @ 7% Cap

      $247K
      Above asking

    • Property Type

      Duplex
      Built 1914
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    Converted Historic Apartment Building
    Updated: Jul 8
    Converted Historic Apartment Building

    1912 11TH STREET, Wichita Falls, TX 76301

    $3,700,000
    49,135 sqft
    Alamo School Lofts in Wichita Falls, TX: 40 apartments converted from the historic Alamo Elementary School
    Unique floor plans with stainless appliances and granite tops
    Built‑in in‑unit washer/dryers
    Pet‑friendly community with gated access, covered parking, and storage
    Units are separately metered
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    10-Unit Apartment Building with Covered Parking
    10-Unit Apartment Building with Covered Parking

    1109 HARRISON STREET, Wichita Falls, TX 76309

    $699,995
    9,424 sqft

    Nine of ten units are occupied, with covered parking and separately metered electric and gas services.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    908 DENVER STREET, Wichita Falls, TX 76301

    $399,900
    6,124 sqft

    Six one-bedroom apartments with in-unit washer/dryer connections and garages for each unit, plus an adjacent expansion lot.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Corner Lot Retail Building and House
    Corner Lot Retail Building and House

    3014 AVENUE Q, Wichita Falls, TX 76309

    $150,000
    3,024 sqft

    As-is sale of a 3,024 sq ft commercial building plus a 1,510 sq ft house on a corner lot.

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    Residential Lot Portfolio for Sale
    Residential Lot Portfolio for Sale

    1509 Bluff Street, Wichita Falls, TX 76309

    $395,000
    16,896 sqft 0.84 AC lot

    Portfolio includes multiple original town lots on Bluff Street and Burnett Street, sold as a single package.

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    Renovated Duplex with Fireplace
    Renovated Duplex with Fireplace

    1608 Lucile Avenue, Wichita Falls, TX 76301

    $210,000
    0.21 AC lot

    Refreshed duplex on a small lot with laminate flooring, a composition roof, and public water and sewer.

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    Based on your search, we've compiled 35 Potential Opportunities for your consideration. Besides 7 Active listings in Wichita Falls, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 20 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Ringgold Quadplex Investment Opportunity
    Ringgold Quadplex Investment Opportunity

    160 Third Street, Ringgold, TX 76261

    $299,999
    560 sqft

    Quadplex in Ringgold, TX, with all units currently leased.

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    Quadplex with Spray-Foam Insulation
    Quadplex with Spray-Foam Insulation

    160 Third Street, Ringgold, TX 76261

    $299,999
    0.28 AC lot

    Four leased units in a 2024 quadplex with central air, heat pump heating, metal exterior, and septic service.

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    Former Grain Facility with Expansion Pads
    Former Grain Facility with Expansion Pads

    2062 Fm 368 S, Iowa Park, TX 76367

    $225,000
    9.85 AC lot

    Former grain facility on acreage with steel grain bins, expansion pads, and an onsite home for owner-operators or managers.

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    Multifamily Residential Income Property
    Multifamily Residential Income Property

    1000 Mary Dr, Iowa Park, TX 76367

    Contact for pricing

    Residential income property featuring a unit mix with 60% two- or three-bedroom homes.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Lot in Wichita Falls
    Residential Lot in Wichita Falls

    419 Humphreys Street, Wichita Falls, TX 76301

    Contact for pricing
    0.11 AC lot

    Residential lot inside city limits with utilities available.

    View details
    Industrial Land Development Site
    Industrial Land Development Site

    E Hwy 287, Wichita Falls, TX 76302

    $1,100,945
    65.15 AC lot

    65.147-acre industrial land site along US Hwy 287 with public water, electric from Oncor Delivery, and nearby sewer infrastructure.

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    Highway Frontage Acreage in Wichita
    Highway Frontage Acreage in Wichita

    NORTHWEST FREEWAY, Wichita Falls, TX 76305

    $2,490,000
    21,444,588 sqft 49.23 AC lot

    49.23 acres with highway frontage suitable for various uses.

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    Residential Land in Wichita Falls
    Residential Land in Wichita Falls

    8620 Seymour Highway, Wichita Falls, TX 76310

    $350,000
    40.48 AC lot

    40+ acre residential land with tanks and abundant wildlife.

    View details

    Off-Market Properties in Wichita Falls, TX

    Consider similar Off-Market properties in Wichita Falls, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3210 Old Iowa Park Rd
    MOBILE HOME PARK, TRAILER PARK

    3210 Old Iowa Park Rd, Wichita Falls, TX 76306-6851

    Value Estimation by Request
    3,229 sqft 4.78 AC lot
    View details
    3125 9th St
    MOBILE HOME PARK, TRAILER PARK

    3125 9th St, Wichita Falls, TX 76301-3824

    Value Estimation by Request
    360 sqft 2.15 AC lot
    View details
    2812 City Vw Dr
    MOBILE HOME PARK, TRAILER PARK

    2812 City Vw Dr, Wichita Falls, TX 76306-4528

    $730,000
    Estimated value
    1,500 sqft 39.00 AC lot
    View details
    3900 Lenore Dr
    MOBILE HOME PARK, TRAILER PARK

    3900 Lenore Dr, Wichita Falls, TX 76306-1803

    $915,000
    Estimated value
    2,516 sqft 38.28 AC lot
    View details
    3208 Old Iowa Park Rd
    MOBILE HOME PARK, TRAILER PARK

    3208 Old Iowa Park Rd, Wichita Falls, TX 76306-6836

    Value Estimation by Request
    1,444 sqft 5.00 AC lot
    View details
    3130 9th St
    MOBILE HOME PARK, TRAILER PARK

    3130 9th St, Wichita Falls, TX 76301

    Value Estimation by Request
    392 sqft 2.64 AC lot
    View details
    6907 Seymour Hwy
    MOBILE HOME PARK, TRAILER PARK

    6907 Seymour Hwy, Wichita Falls, TX 76310-6611

    Value Estimation by Request
    1,648 sqft 4.76 AC lot
    View details
    2900 Holliday Rd
    MOBILE HOME PARK, TRAILER PARK

    2900 Holliday Rd, Wichita Falls, TX 76302-1515

    Value Estimation by Request
    484 sqft 3.09 AC lot
    View details
    Northwest Fwy
    Land

    0 Northwest Fwy, Wichita Falls, TX 76306

    Value Estimation by Request
    View details
    4700 Gregg Rd
    Land

    4700 Gregg Rd, Wichita Falls, TX 76310

    Value Estimation by Request
    42.79 AC lot
    View details
    701 Juarez St
    Land

    701 Juarez St, Wichita Falls, TX 76301

    Value Estimation by Request
    0.10 AC lot
    View details
    1311 1St St
    Multifamily properties

    1311 1St St, Wichita Falls, TX 76306

    Value Estimation by Request
    22,500 sqft
    View details
    3405 Sheppard Access Rd
    MOBILE HOME PARK, TRAILER PARK

    3405 Sheppard Access Rd, Wichita Falls, TX 76306

    Value Estimation by Request
    1,252 sqft 2.31 AC lot
    View details
    2908 Seymour Hwy
    MOBILE HOME PARK, TRAILER PARK

    2908 Seymour Hwy, Wichita Falls, TX 76301

    $650,000
    Estimated value
    8,300 sqft 4.00 AC lot
    View details
    2701 Saramy St
    MOBILE HOME PARK, TRAILER PARK

    2701 Saramy St, Wichita Falls, TX 76306

    $825,000
    Estimated value
    5,200 sqft 18.44 AC lot
    View details
    30 Locke Ln
    MOBILE HOME PARK, TRAILER PARK

    30 Locke Ln, Wichita Falls, TX 76306-4243

    Value Estimation by Request
    1,731 sqft 2.96 AC lot
    View details
    1210 12th Kenley Ave
    MOBILE HOME PARK, TRAILER PARK

    1210 12th Kenley Ave, Wichita Falls, TX 76306-6151

    Value Estimation by Request
    160 sqft 1.11 AC lot
    View details

    Wichita Falls, TX Residential Income Properties Market Trends and Statistics

    Explore 27 residential income properties for sale in Wichita Falls, TX, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 86,518 square feet of properties for sale, with an estimated market value of $5,764,895.

    Sale prices for residential income properties in Wichita Falls, TX start at $150,000, averaging $823,556, and reaching up to $3,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 6
    Apartment buildings 3
    Duplexes 2
    Single family properties 2

    Demographics Overview

    Population 101K
    Population Growth (5Y) +2.7%
    Median Household Income $61,572
    College Educated 29.8%

    High-Yield Neighborhoods for Investment

    Identify Wichita Falls submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    76309 $415K
    76301 $832.5K

    Taxes & Financing

    Tax Rate (average for all types) 1.84%
    Property Tax per SF $40.45 per SF
    Tax Rate vs County Average 0.13 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wichita County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Wichita County

    Retail

    Property Size Breakdown

    The majority of commercial real estate listings in Wichita Falls fall within the 25,000 to 50,000 square foot range.

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    Most Searched ZIP Codes in Wichita Falls, TX

    • 76301
    • 76309

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