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107 W Purdom Ave, Alvarado
$222,990
2 Beds ⋅ 1 Baths ⋅ 21305421 MLS
Investor-friendly property with an established tenant already in place, providing immediate rental income from day one. Located at 107 W Purdom Ave in Alvarado, this updated home offers approximately 1,041 square feet of living space with 2 bedrooms and 1 bathroom. Recent improvements and the expanded floor plan enhance the property's long-term rental appeal or make it your home. Situated on a centrally located lot in Alvarado's Original Town area, the property offers convenient access to schools, shopping, dining, and major commuter routes. Whether you're a first-time homebuyer, investor, or someone looking to downsize, this move-in-ready home presents an excellent opportunity to enjoy small-town living with modern updates. The property offers both current cash flow and future appreciation potential. Whether you're looking to add to your rental portfolio or acquire your first investment property, this income-producing asset presents a solid opportunity.

107 W Purdom Ave, Alvarado
1103 E Leon St, Gatesville
$155,000
2 Beds ⋅ 2 Baths ⋅ 21299212 MLS ⋅ 1103 E Leon Street BLDG.
Income producing! Fully updated! Don’t miss this beautifully updated duplex in a desirable Gatesville neighborhood, conveniently located near shopping, dining, schools, and everyday amenities. Whether you’re looking to expand your investment portfolio or make a smart owner-occupied purchase, this property offers flexibility, functionality, and immediate income potential. Each unit features a well-designed 1-bedroom, 1-bathroom layout with updated finishes throughout, including luxury vinyl plank flooring, updated kitchens and bathrooms, and a newer roof. Thoughtful floor plans provide generous closet space, dedicated pantry storage, and private fenced yards for added outdoor enjoyment. One unit also includes a ramp for convenient accessibility. With tenants already in place in both units, investors can enjoy immediate rental income from day one. The strong rental demand in Gatesville makes this an attractive addition to any portfolio, while future owner-occupants may appreciate the opportunity to offset housing expenses by living in one unit and renting the other. Additional features include ample parking, low-maintenance updates, attractive curb appeal, and modern finishes that help set this property apart from typical rental inventory.

1103 E Leon St, Gatesville
210 S 5th St, Gatesville
$102,900
3 Beds ⋅ 1 Baths ⋅ 21296000 MLS
Step into timeless charm with this inviting 3-bedroom, 1-bath Craftsman home featuring a welcoming front porch-perfect for morning coffee or relaxed evenings. Inside you will find a cozy sunroom filled with natural light, offering the ideal space for reading, plants or a home office. The home retains its classic character while providing a fantastic opportunity to make it your own. The kitchen is ready for a remodel, providing a blank canvas to design the space of your dreams and add value to this already charming property. Updates and features include a 4 year old roof, painting inside and outside, remodeled bathroom and ceiling fans throughout the home. Whether you're looking for a personal residence or investment opportunity, this home has character, potential and a warm inviting feel that's hard to find. Don't miss your chance to bring your vision to life!

210 S 5th St, Gatesville
110 E Carolina Street, Wichita Falls
$35,000
2 Beds ⋅ 1 Baths ⋅ 183288 MLS
Great opportunity for investors or flippers! Newer roof & windows in place. The interior is a blank slate waiting for your custom finishes & design ideas. Home is framed for a 2-bedroom layout and offers solid bones to build from. Interior will need full renovation, giving you the chance to create the perfect investment property or rental addition to your portfolio.

110 E Carolina Street, Wichita Falls
205 W Washington Avenue, Iowa Park
$79,900
2 Beds ⋅ 1 Baths ⋅ 183188 MLS

205 W Washington Avenue, Iowa Park
606 E Washington Avenue, Iowa Park
$119,900
2 Beds ⋅ 1 Baths ⋅ 183133 MLS

606 E Washington Avenue, Iowa Park
106 E Williams Drive, Burkburnett
$129,850
3 Beds ⋅ 2 Baths ⋅ 182193 MLS

106 E Williams Drive, Burkburnett
100 W Washington Avenue, Electra
$35,000
3 Beds ⋅ 2 Baths ⋅ 181874 MLS
Calling all investors! Nice corner lot in the heart of Electra, Texas. Property is being sold "AS IS" and is not habitable in current condition. Lots of potential to make a great rental property or residential home. Bring your imagination and seize this opportunity.

100 W Washington Avenue, Electra
502 N Spears St, Alvarado
$118,000
2 Beds ⋅ 1 Baths ⋅ 21155866 MLS
This is an investor special! 1945 A-frame farmhouse surrounded by trees featuring 2 bedrooms and 1 bath. Small footprint with solid potential for renovation or resale. Property requires extensive repairs and is being sold AS-IS. Ideal project for flippers, investors, or contractors looking for value-add opportunity. With the right updates, this home could be transformed into a profitable rental, resale, or weekend retreat. Bring your vision and tools-significant upside for the right buyer.

502 N Spears St, Alvarado
1417 N 7th Street, Wichita Falls
$127,500
3 Beds ⋅ 2 Baths ⋅ 181453 MLS
Charming 3 bed, 2 bath home on a spacious fenced lot with plenty of room to spread out! Enjoy an open-concept living area, updated kitchen with granite counters, modern flooring throughout, and two refreshed bathrooms. Large primary suite, generous secondary rooms, and convenient laundry space. Outdoors features a storm cellar, covered front porch, and a huge fenced yard perfect for pets, play, or future projects. Move-in ready with solid updates inside and out!

1417 N 7th Street, Wichita Falls
1602 Cedar Ave, Megargel
$595,000
4 Beds ⋅ 5 Baths ⋅ 20939767 MLS
Western elegance meets custom craftsmanship in this 5,400+ SF executive home in Megargel. Stonework from the exterior with raised beds, private porches and entry areas on all 4 sides to interior with grand arched porch continued into the grand entry hall. Entertain with built-in smokers, grills and fry station under covered entertainment area just off family room. Features include a garden suite, dome-ceiling office with exterior private entry, vaulted dining, and formal living room. Amazing wood and stone work throughout with oblong shaped office with domed ceiling. Built ins thorough out this custom home. All 4 beds have en-suites with full baths. Bonus 3 bed 2 bath home, barn, stalls and additional 7.5 acres negotiable. Hunters Haven and a true Texas charm! Generator backup. Additional home, acreage, stables and barn available for negotiation. Some photos have been altered.

1602 Cedar Ave, Megargel
1602 Cedar Avenue, Megargel
$595,000
4 Beds ⋅ 5 Baths ⋅ 178446 MLS
Western elegance meets custom craftsmanship in this 5,400+ SF executive home in Megargel—2 hrs to FtWorth, 1.5 to Abilene, under 1 hr to WFalls. Stonework exterior to interior w grand arched porch and entryhall Entertain with built-in smokers, grills & fry station. Features include a garden suite, dome-ceiling office with ext entry, vaulted dining, and formal living room. All 4 beds have en-suites. Bonus: 3/2 home, barn, stalls & additional 7.57 acres negotiable. Generator. Hunters Haven—true Texas charm!

1602 Cedar Avenue, Megargel
302 Martin Luther King Jr Blv, Wichita Falls
$80,000
3 Beds ⋅ 1 Baths ⋅ 175964 MLS
This diamond in the rough home could become someone's dream. New roof installed. Endless possibilities with this home on a large corner lot with nice trees. It's also zoned for general commercial for any business ideas. Great location across the street from the Community Healthcare Center. Seize this opportunity before its gone! Owner financing available! Get a 5% interest rate on a 10 year note with $15,000 down.

302 Martin Luther King Jr Blv, Wichita Falls

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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