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$199,000

3702 Seymour Rd, Wichita Falls, TX 76309

💰 Galleon homeowners save an average of $30,000 by selling direct.


Multi-Family

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Icon representing Bedrooms

3

Bedrooms

Icon representing Baths

3.0

Baths

Icon representing Sqft

692

Sqft

Icon representing Price/Sqft

$288

Price/Sqft

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4.00

Acres

Multi-Family

About this home

A rare multi-family investment opportunity awaits on this expansive 4-acre parcel, featuring two enduring brick homes with concrete slab foundations. The property stands ready for transformation with incredible development potential, zoned for up to 100 residential units. Currently hosting two well-built structures, this parcel offers immediate rental income possibilities while you plan your development strategy.

The existing homes, each showcasing classic brick construction, include a 2-bedroom, 2-bathroom residence alongside a cozy 1-bedroom, 1-bathroom unit. While both properties require renovation to reach their full potential, their solid structural foundations provide an excellent starting point. The generous acreage offers abundant space for future expansion, with mature trees dotting the landscape. This compelling investment represents a prime opportunity to create a thriving multi-family community in an area poised for growth.

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Reference to savings is based on the average price of Galleon home properties or a potential listing price and traditional agent commissions of 6%

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