408 N Wichita St

2,584 Sq. Ft.
$13 / Sq. Ft.
2,584
Sq. Ft.
$13
per Sq. Ft.

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...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.
  1. Listed by Edward McClintick • TREC #0303307 • Joseph Walter Realty, LLC • 888-227-1009

Property Details for 408 North Wichita Street

Subdivision Name
Original Town E
Architectural Style
Ranch
Structural Style
Single Detached
Pool
No
LISTING UPDATED: 01/20/2026 06:10 PM

Property Details for 408 North Wichita Street

StatusActive
MLS #21159255
Days on Market12
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1935
Lot Size0.16 AC / 7,013 SF
CountyWichita County

Location

Listing Courtesy of Joseph Walter Realty, LLC, Edward McClintick
Add your commute

Building Information for 408 North Wichita Street

Stories2Year Built1935Building Size-Lot Size0.16 AC / 7,013 SF

Payment Calculator

$466 per month

30 year fixed, 6.15% Interest

Principal and Interest

$163

Property Taxes

$303

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 408 North Wichita Street

Summary
Location and General Information
  • Block: 48
  • Directions: 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.
  • Elementary School: Dinsmore
  • Elementary School Name: Dinsmore
  • High School: Electra
  • High School Name: Electra
  • Junior High School: Electra
  • School District: Electra ISD
  • Geocode Confidence: High
  • Latitude: 34.03
  • Longitude: -98.92
  • State: Texas
Parking
  • Parking Features: Open
  • Carport Spaces: 0
  • Parking Spaces Covered Total: 0
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: LOT 7 & 8 BLK 48 ORIGINAL TOWN, E
  • Association Type: None
  • Tax Lot: 7 & 8
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Laminate
  • Heating: Central, Electric, Natural Gas
  • Interior Features: Other
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Appliances: Gas Oven, Gas Range
  • Basement: No
  • Cooling: Ceiling Fan(s), Electric
  • Living Area: 2584.0
  • Smart Home Features Appor Pass Y: No
  • Room and Floor: Bedroom-Primary-1-1, Master Bedroom-1-1, Bedroom-1-1, Bedroom-2-1, Bedroom-2-2, Bedroom-2-3, Bath-Full-2-1, Kitchen-1-1, Utility Room-1-1, Living Room-1-1
Exterior Features
  • Number Of Stories: 2
  • Roof: Metal
  • Waterfront: No
  • Room and Features: Bedroom-Primary-1-1, Master Bedroom-1-1, Bedroom-1-1, Bedroom-2-1, Bedroom-2-2, Bedroom-2-3, Bath-Full-2-1, Kitchen-1-1, Utility Room-1-1, Living Room-1-1
  • Room List: Bedroom-Primary, Master Bedroom, Bedroom, Bath-Full, Kitchen, Utility Room, Living Room
  • Levels: Two
Room 1
  • Room Dimensions: 10 x 10
  • Room Length: 10.00
  • Room Level: 2
  • Room Type: Bedroom
  • Room Width: 10.00
Room 2
  • Room Dimensions: 10 x 10
  • Room Length: 10.00
  • Room Level: 2
  • Room Type: Bedroom
  • Room Width: 10.00
Room 3
  • Room Dimensions: 8 x 8
  • Room Length: 8.00
  • Room Level: 2
  • Room Type: Bath-Full
  • Room Width: 8.00
Room 4
  • Room Dimensions: 12 x 12
  • Room Length: 12.00
  • Room Level: 1
  • Room Type: Bedroom
  • Room Width: 12.00
Room 5
  • Room Dimensions: 15 x 15
  • Room Length: 15.00
  • Room Level: 1
  • Room Type: Living Room
  • Room Width: 15.00
Room 6
  • Room Dimensions: 8 x 8
  • Room Length: 8.00
  • Room Level: 1
  • Room Type: Utility Room
  • Room Width: 8.00
Room 7
  • Room Dimensions: 15 x 15
  • Room Length: 15.00
  • Room Level: 1
  • Room Type: Kitchen
  • Room Width: 15.00
Room 8
  • Room Dimensions: 12 x 12
  • Room Length: 12.00
  • Room Level: 1
  • Room Type: Bedroom-Primary
  • Room Width: 12.00
Room 9
  • Room Dimensions: 10 x 10
  • Room Length: 10.00
  • Room Level: 2
  • Room Type: Bedroom
  • Room Width: 10.00
Property
Utilities
  • Utilities: City Sewer, City Water
Property and Assessments
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Acres: 0.161
  • Lot Size Area: 0.161
  • Lot Size Units: Acres
  • Lot Size Square Feet: 7013.16
  • Multi Parcel ID: No
  • Parcel Number: 112312
  • Property Attached: No

Property History for 408 North Wichita Street

DateEvent & SourcePriceAppreciation
Jan 20, 2026

Listed (Active)

NTREIS #21159255

$33,500—
Jan 15, 2026

Expired

NTREIS #21119857

—
Jan 6, 2026

Price Change

NTREIS #21119857

$34,000—
Dec 16, 2025

Price Change

NTREIS #21119857

$35,000—
Dec 10, 2025

Price Change

NTREIS #21119857

$39,000—
Nov 24, 2025

Listed (Active)

NTREIS #21119857

$40,000—
DateEvent & SourcePrice
01/20/2026

Listed (Active)

NTREIS #21159255

$33,500
01/15/2026

Expired

NTREIS #21119857

—
01/06/2026

Price Change

NTREIS #21119857

$34,000
12/16/2025

Price Change

NTREIS #21119857

$35,000
12/10/2025

Price Change

NTREIS #21119857

$39,000
11/24/2025

Listed (Active)

NTREIS #21119857

$40,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 408 North Wichita Street

Taxable ValueLand$2,590Additions$64,687Total$67,277
Tax Record2024$3,631 ($303 / month)
Home Facts
Beds6Total Finished SqFt2,584 SqFtAbove Grade Finished SqFt2,584 SqFtStories2Lot Size7,000 SqFtStyleSingle Family ResidenceYear Built1935Year Renovated1985CountyWICHITAAPN7A10 417 00

Schools near 408 North Wichita Street

This home is within Electra Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Rating
School
Distance
Electra Elementary School
PublicPK to 6

Electra Junior/Senior High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

408 North Wichita Street is a single family home for sale in Electra, TX 76360. This property was listed for sale on January 20, 2026 by Joseph Walter Realty, LLC, it's currently listed at $33,500. This listing's school district is Electra Independent School District. Nearby schools include Electra Elementary School and Electra Junior/Senior High School. 408 North Wichita Street is a 5-bed, 2-bath, 2,584 sqft single family home built in 1935.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Joseph Walter Realty, LLC, Edward McClintick

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 01/20/2026 06:10 PM