Another $40,000 price improvement! Now $474,900 - One of OKC's rarest 2.16 acre opportunities just became even more compelling! Just blocks from the State Capitol and the growing Capitol/Medical District, Zoned R-1 single family, this property offers one of the largest remaining parcels in the area — a unique opportunity for those seeking a site with history, scale, and future potential. The property includes a 1910 farmhouse with garage and shop, both with electricity. While the home reflects the character of a pioneer homestead, the value here lies in the land itself. With the city built up around it, the setting blends mature trees, open acreage, and proximity to the core of OKC. Recent improvements include structural work on the residence and a newer roof and upstairs HVAC. The home is not on historic preservation rolls, leaving flexibility for future vision. With direct access to major corridors and close proximity to downtown, OU Health, and the Innovation District, this site offers location, scale, and possibilities that are rarely available. Whether your vision is a private estate, a long-term investment, or a new project in one of the city’s most strategic locations, this property represents a legacy opportunity. Acreage of this size in the heart of Oklahoma City is a rare find. The 1910 farmhouse remains on site, though the value is in the land itself. Please note: property condition may limit financing options.
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Zillow last checked:
Listing updated:
Listed by:
Darian Woolbright405-887-3007,
Keller Williams Realty Elite
Source: MLSOK/OKCMAR as distributed by MLS GRID,MLS#: 1213791
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2
Heating
Has Heating (Unspecified Type)
Cooling
Has cooling: Yes
Appliances
Included: Free-Standing Electric Oven, Free-Standing Gas Range
Features
Flooring: Wood
Has fireplace: No
Fireplace features: None
Interior area
Total structure area: 3,528
Total interior livable area: 3,528 sqft
Property
Parking
Total spaces: 2
Parking features: Additional Parking, Concrete
Garage spaces: 2
Features
Levels: Two
Stories: 2
Patio & porch: Deck
Lot
Size: 2.16 Acres
Features: Corner Lot
Details
Parcel number: 2501NWalnut73105
Special conditions: None
Construction
Type & style
Home type: SingleFamily
Architectural style: Historic,Traditional
Property subtype: Single Family Residence
Materials
Frame
Foundation: Conventional
Roof: Composition
Condition
Year built: 1910
Utilities & green energy
Utilities for property: Public
Community & HOA
Location
Region: Oklahoma City
Financial & listing details
Price per square foot: $135/sqft
Tax assessed value: $214,044
Annual tax amount: $2,708
Date on market: 2/21/2026
Electric utility on property: Yes
Estimated market value
Zestimate®
$441,000
Estimated sales range
$419,000 - $463,000
Rent Zestimate®
$2,188/mo
Price history
Date
Event
Price
6/3/2026
Price change
$474,900-7.8%$135/sqft
Source: MLSOK/OKCMAR as distributed by MLS GRID #1213791Report a problem
4/21/2026
Price change
$514,900-1.9%$146/sqft
Source: MLSOK/OKCMAR as distributed by MLS GRID #1213791Report a problem
2/21/2026
Listed for sale
$524,900-4.4%$149/sqft
Source: MLSOK/OKCMAR as distributed by MLS GRID #1213791Report a problem
2/7/2026
Listing removed
$549,000$156/sqft
Source: MLSOK/OKCMAR as distributed by MLS GRID #1185334Report a problem
11/25/2025
Price change
$549,000-8.5%$156/sqft
Source: MLSOK/OKCMAR as distributed by MLS GRID #1185334Report a problem
8/26/2025
Listed for sale
$600,000$170/sqft
Source: MLSOK/OKCMAR as distributed by MLS GRID #1185334Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
High: Classen HS Of Advanced Studies,Douglass HS,Harding Charter Preparatory HS
Source: MLSOK/OKCMAR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.