408 N Wichita Street, Electra, TX 76360

$33,500

Est. payment /mo
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

408 N Wichita Street Electra, TX 76360

5 Beds

2 Baths

2,584 SqFt

SOLD DATE : 03/18/2026

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,584 sqft

Subdivision Original Town E

MLS Listing ID 21159255

Sold Date 03/18/26

Style Ranch

Bedrooms 5

Full Baths 2

HOA Y/N None

Year Built 1935

Annual Tax Amount $1,664

Lot Size 7,013 Sqft

Acres 0.161

Property Sub-Type Single Family Residence

Property 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.

Location

State TX

County Wichita

Direction From US-287 in Electra, travel east on W-State Highway 25 for 0.8 mile, then turn left (north) onto N Wichita St and continue 0.3 mile to the property on the right.

Rooms

Dining Room 1

Interior

Interior Features Other

Heating Central, Electric, Natural Gas

Cooling Ceiling Fan(s), Electric

Flooring Laminate

Appliance Gas Oven, Gas Range

Heat Source Central, Electric, Natural Gas

Exterior

Utilities Available City Sewer, City Water

Roof Type Metal

Garage No

Building

Story Two

Level or Stories Two

Schools

Elementary Schools Dinsmore

High Schools Electra

School District Electra Isd

Others

Financing Cash

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Edward Mcclintick • Joseph Walter Realty, LLC
Bought with Non-NTREIS MLS Licensee • NON MLS

Nearby Locations

Premier Agent Network

Premier Agent Network

Broker | License ID: 01932176

+1(877) 663-9366

GET MORE INFORMATION

Name
Phone*
Message