407 DALLAS, WICHITA FALLS, TX 76031

Homes for sale in Wichita Falls.

Homes for sale in 76031.


407 Dallas

Wichita Falls, TX 76031

Active

List Price$7,500

Listing Image Listing Image

Listing #21243384

7,501

Square Feet

Lots / Land

Type

About This Property

Prime opportunity for builders and investors--this 7,501 square foot vacant lot offers a highly functional footprint in a quiet, established area just outside Wichita Falls. With level terrain and straightforward access, the property is well-suited for efficient development and streamlined construction timelines. Ideal for a spec home, rental build, or entry-level new construction product, this lot provides the flexibility today's builders need. The size supports a variety of floor plans while maintaining manageable build costs, making it an attractive option for maximizing ROI in a market with steady housing demand. Utilities are available in the area (buyer to verify), helping reduce upfront development hurdles. No HOA allows for greater design flexibility and fewer restrictions, giving builders the freedom to tailor product to current buyer preferences or rental market needs. Located within convenient proximity to Wichita Falls, the property offers access to employment centers, retail, and dining--key factors for resale and rental appeal. The surrounding area continues to see consistent demand for affordable housing, making this an excellent candidate for a quick-turn project or long-term investment hold. Whether you're a builder looking for your next spec opportunity or an investor seeking a low-cost entry point with upside potential, this lot checks the boxes for location, usability, and value. Willing to owner finance for $10,000 and 20% down

Property Features

Location Information

County

Wichita

Subdivision

Kemp

Interior Features

Has Fireplace

No

Exterior Features

Utilities

Electricity Available, Sewer Available

Zoning

SF2

Lot Description

Cleared

Development Status

Zoned

Lot Size in Acres

0.172

Is One Story

No

Lot Size in Sq. Ft.

7,501

Lot Description

Cleared

Current Use

Residential, Single Family

School

Elementary School District

Wichita Falls ISD

Jr. High School

Hirschi

Elementary School

Burgess

High School

Legacy

Additional Information

Property Type

LL

Status

Active

Property SubType

Unimproved Land

Has a Home Owners Association

No

Similar Listings

Mortgage Calculator

$34

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$27

Monthly Tax

$6

Monthly Insurance

$1

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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