407 Dallas, Wichita Falls, Texas

Description

Prime opportunity for builders and investors—this 7,501 square foot vacant lot offers a highly functional footprint in a quiet, established area just outside Wichita Falls. With level terrain and straightforward access, the property is well-suited for efficient development and streamlined construction timelines.

Ideal for a spec home, rental build, or entry-level new construction product, this lot provides the flexibility today’s builders need. The size supports a variety of floor plans while maintaining manageable build costs, making it an attractive option for maximizing ROI in a market with steady housing demand.

Utilities are available in the area (buyer to verify), helping reduce upfront development hurdles. No HOA allows for greater design flexibility and fewer restrictions, giving builders the freedom to tailor product to current buyer preferences or rental market needs.

Located within convenient proximity to Wichita Falls, the property offers access to employment centers, retail, and dining—key factors for resale and rental appeal. The surrounding area continues to see consistent demand for affordable housing, making this an excellent candidate for a quick-turn project or long-term investment hold.

Whether you're a builder looking for your next spec opportunity or an investor seeking a low-cost entry point with upside potential, this lot checks the boxes for location, usability, and value.

Willing to owner finance for $10,000 and 20% down

Directions: Head west on US-287 N US-82 W 0.1 mi Take the exit toward TX-473 Loop Old Jacksboro Hwy 0.1 mi Merge onto Central E Fwy 0.3 mi Turn right onto TX-473 Loop N 0.9 mi Turn right onto Dallas St Destination will be on the right