407 DALLAS, WICHITA FALLS, TX 76031
Homes for sale in Wichita Falls.
Homes for sale in 76031.
407 Dallas
Wichita Falls, TX 76031
List Price$7,500
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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