1201 Austin St

Wichita Falls, TX 76301
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0.48 Lot Acres
Multi-Family - 5 Plus

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Description

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#
NTREIS-20628565
List Price
$1,950,000
Listing Status
For Sale
Address
1201 Austin St
State
TX
Zip Code
Subdivision
Original Town Wf
Legal Description
LOTS 9 & 10 BLK 207 ORIGINAL TOWN, WF AND BUS
Property Type
Multi-Family - 5 Plus
Stories
2
Year Built
1962 /Appraisal District
Lot Size
0.48 Lot Acres/Appraisal District

Exterior

Roof
Shingle
Foundation
Brick/Mortar
Private Pool
No
Exterior Type
Brick
Parking
Asphalt
Utility
All Weather Road

Interior

Floors
Vinyl
Cooling
Electric
Heating
Electric
Appliances
Dishwasher, Electric Range, Microwave
Interior
Granite Counters, Open Floorplan, Tile Counters, Walk-In Closet(s)

Lot information

Lot Size
0.48 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

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Property tax

Cost/Sqft based on tax value

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Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Noise factors

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Source

North Texas Real Estate Information Systems, Inc.
Source last updated Jun 27, 2024 at 11:27 PM
Listing last updated Jun 21, 2024 at 04:50 AM
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1201 Austin St, Wichita Falls, TX 76301. View photos, map, tax, nearby homes for sale, home values, school info...

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