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Listed price in listed location currency (USD).
$40,000

520

MLS® 21119857

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2584 sqft
Garage No
Taxes $1,664
Days Active 10
Lot Size 0.161 acres
Approx. Age 1935
Avg. Price Per Sqft $15
MLS® Number 21119857

Property Address: 408 N Wichita St, Electra, TX, 76360-2111

Average square foot calculated using Size range provided by listing agent.

Description

This offering presents an attractive investment opportunity in the small oil-town community of Electra, Texas (ZIP 76360). The subject property at 408 N Wichita St is a spacious 2, 584 sq ft, 6-bed -2-bath home built circa 1935 on a 7, 000 sq ft lot. With such a large footprint and plenty of bedrooms, it lends itself to multiple value-add strategies, whether as a rental to multiple tenants or as a full rehab for flip or long-term hold. The affordability in this market means an investor can achieve a favorable entry cost, then capture upside via rental arbitrage, light improvements, and-or position for appreciation as the neighborhood evolves. The proximity to local amenities, modest local competition, and the size of the home all point to strong upside for those willing to invest in repositioning it.
MLS® Number21119857
Laundry Level
Central VacNo
FireplaceNo
Acreage0.161
Exterior
GarageNo
Approx. Age1935
Basement
DrivewayOpen
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 24, 2025List Date
$40,000List Price
  • Commute

Commute

Starting Address
Destination Address
408 N Wichita St, Electra, TX

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