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1201 Austin Street, Wichita Falls, TX 76301

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For Sale

$1,950,000

0.48 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 0.5 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Austin St Apartments is 27-unit Multifamily property located in the heart of Wichita Falls with great cash flow. This Multifamily property has been recently Re-modeled and Upgraded with luxury vinyl flooring, modern fixtures and appliances. High occupancy history and the current occupancy is over 96%. Total 27-units with 12x 1-Bedrooms , 6x 2-Bedroom. 9x efficiency units. All Bills paid Property and additional income from on-site paid Washer and Dryer units. Over $325k capital improvements including new appliances, floors, cabinets, vanities, countertops, laundry equipment, and new water pipes. Investor GEM in a high growth location and will provide high cash flow. 2-hour drive from NE Dallas fastest growing suburbs - Frisco and about 1.5hr from Denton. This Multifamily property is located in the booming Wichita Falls market with Sheppard Air Force Base & other large employers. Pro-forma and Rent roll & expenses are available on request. Please do NOT disturb occupants or management.
MLS# 20628565

Courtesy Of Colleen Frost Realtors, Listed By Vic Reddy Pasham

(469) 280-0008

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dishwasher, Microwave, Range - Electric
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Floor Covering
    Vinyl
  • Heating Fuel
    Electric
  • Lot Size
    0.48 Acres
  • Roof Type
    Composition Shingle

Map and Directions

Directions to 1201 Austin Street, Wichita Falls, TX 76301

Home seller CENTURY 21 Gold Coat Realtors

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Gold Coat Realtors

(940) 696-5561
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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