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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.
| LAST UPDATED | 11/24/2025 | TRACT | Original Town E |
|---|---|---|---|
| YEAR BUILT | 1935 | COUNTY | Wichita |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| School District | Electra ISD |
|---|---|
| Elementary School | Dinsmore |
| Jr. High School | Electra |
| High School | Electra |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Oven, Gas Range |
| HEAT | Central, Electric, Natural Gas |
| INTERIOR | Other |
| LOT | 7013 sq ft |
| PARKING | Open |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Ranch |
| SUBDIVISION | Original Town E |
| TAXES | 1664 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Edward Mcclintick, Joseph Walter Realty, LLC
You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.This data was last updated on: 11/25/25 9:00 AM PST
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