About 1603 Speedway Avenue
***Back on the Market no fault to seller, Buyer financing fell through....Investor Special, Wichita Falls, TX Excellent opportunity for investors seeking a value add property with strong upside potential. This 2 bedroom, 1-bath home is vacant, making it ideal for immediate renovations or a quick rent up. Estimated market rent ranges from $900 to $1,200 per month, depending on finishes and improvements. With renovations, the ARV is estimated at $135,000, providing room for equity growth or improved cash flow. The home is located approximately 9 miles from Wichita Falls High School and sits in a market with consistent rental demand. Virtual photos are included to showcase remodel ideas and future potential. Vacant ready for improvements Value add opportunity Estimated rent, $900 to $1,200month Virtual remodel images included Property sold As Is Cash offers preferred ***seller will consider Seller financing! Call agent for terms.
Status Change History
| Date | Details | Status |
|---|---|---|
| Jun 30, 2026 | Status Changed from Pending to Closed | Closed |
| Jun 18, 2026 | Status Changed from Active to Pending | Pending |
| Jun 1, 2026 | Status Changed from Active Under Contract to Active | Active |
| May 22, 2026 | Status Changed from Active to Active Under Contract | Active Under Contract |
Price Change History
| Date | Details | Price |
|---|---|---|
| Jun 15, 2026 | Price Reduced from $49,000 to $45,000 | $45,000 |
| Jun 1, 2026 | Price Reduced from $52,000 to $49,000 | $49,000 |
| May 11, 2026 | Price Reduced from $55,000 to $52,000 | $52,000 |
| Apr 17, 2026 | Price Reduced from $58,000 to $55,000 | $55,000 |
Features of 1603 Speedway Avenue
| MLS® # | 21145563 |
|---|---|
| Price | $45,000 |
| Bedrooms | 2 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 1,080 |
| Acres | 0.16 |
| Year Built | 1929 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Closed |
Community Information
| Address | 1603 Speedway Avenue |
|---|---|
| Subdivision | Cone |
| City | Wichita Falls |
| County | Wichita |
| State | Texas |
| Zip Code | 76301-6609 |
Amenities
| Utilities | City Sewer, City Water, Electricity Connected, Natural Gas Available |
|---|---|
| Garages | Driveway, Gravel |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Open Floorplan |
|---|---|
| Fireplace | No |
| Fireplaces | Living Room |
School Information
| District | Wichita Falls ISD |
|---|---|
| Elementary | Franklin |
| Middle | Barwise |
| High | Hirschi |
Additional Information
| Date Listed | January 6th, 2026 |
|---|---|
| Date Sold | June 30th, 2026 |
| Days on Market | 252 |
Listing Details
| Agent | Jeanetu Andrade |
|---|---|
| Office | Realty of America, LLC |
| Contact Info | 512-788-9495 |