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.
Sold
Price Unknown
408 N Wichita St, Electra, TX 76360
5beds
2,584sqft
Single Family Residence
Built in 1935
7,013.16 Square Feet Lot
$31,200 Zestimate®
$--/sqft
$1,965 Estimated rent
Home value
$31,200
$25,000 - $38,000
$1,965/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Edward Mcclintick 0303307 888-227-1009,
Joseph Walter Realty, LLC 888-227-1009
Bought with:
Non-NTREIS MLS Licensee
NON MLS
Source: NTREIS,MLS#: 21159255
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Dimensions: 12 x 12
Bedroom
- Level: First
- Dimensions: 12 x 12
Bedroom
- Level: Second
- Dimensions: 10 x 10
Bedroom
- Level: Second
- Dimensions: 10 x 10
Bedroom
- Level: Second
- Dimensions: 10 x 10
Other
- Level: Second
- Dimensions: 8 x 8
Kitchen
- Level: First
- Dimensions: 15 x 15
Living room
- Level: First
- Dimensions: 15 x 15
Utility room
- Level: First
- Dimensions: 8 x 8
Heating
- Central, Electric, Natural Gas
Cooling
- Ceiling Fan(s), Electric
Appliances
- Included: Gas Oven, Gas Range
Features
- Other
- Flooring: Laminate
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 2,584 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 1
- Pool features: None
Lot
- Size: 7,013 sqft
Details
- Parcel number: 112312
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Detached
- Property subtype: Single Family Residence
Materials
- Roof: Metal
Condition
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & neighborhood
Location
- Region: Electra
- Subdivision: Original Town E
Price history
| Date | Event | Price |
|---|---|---|
| 3/18/2026 | Sold | -- |
Source: NTREIS #21159255 Report a problem | ||
| 3/2/2026 | Pending sale | $33,500$13/sqft |
Source: NTREIS #21159255 Report a problem | ||
| 1/20/2026 | Listed for sale | $33,500-1.5%$13/sqft |
Source: NTREIS #21159255 Report a problem | ||
| 1/15/2026 | Listing removed | $34,000$13/sqft |
Source: NTREIS #21119857 Report a problem | ||
| 1/6/2026 | Price change | $34,000-2.9%$13/sqft |
Source: NTREIS #21119857 Report a problem | ||
| 12/16/2025 | Price change | $35,000-10.3%$14/sqft |
Source: NTREIS #21119857 Report a problem | ||
| 12/10/2025 | Price change | $39,000-2.5%$15/sqft |
Source: NTREIS #21119857 Report a problem | ||
| 11/24/2025 | Listed for sale | $40,000$15/sqft |
Source: NTREIS #21119857 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $65,138 +10% |
| 2024 | $3,631 +25.2% | $59,216 +2.9% |
| 2023 | $2,901 +249% | $57,521 +9.2% |
| 2022 | $831 -48.9% | $52,663 -18.4% |
| 2021 | $1,627 +7.4% | $64,530 +8% |
| 2020 | $1,514 +0.8% | $59,735 +1.5% |
| 2019 | $1,502 +8.6% | $58,852 +8.2% |
| 2018 | $1,382 +1.8% | $54,389 +1.4% |
| 2017 | $1,359 +0.8% | $53,612 -1.9% |
| 2016 | $1,348 +535.9% | $54,629 +5.9% |
| 2015 | $212 | $51,597 |
| 2014 | $212 | $51,597 +0.3% |
| 2013 | -- | $51,438 -3.3% |
| 2012 | -- | $53,200 +7.4% |
| 2011 | -- | $49,540 -0.6% |
| 2010 | -- | $49,823 -4% |
| 2009 | -- | $51,885 -3.2% |
| 2008 | -- | $53,616 +10% |
| 2007 | -- | $48,742 +10% |
| 2006 | -- | $44,311 +10% |
| 2005 | -- | $40,283 -8.3% |
| 2004 | -- | $43,928 |
| 2002 | -- | -- |
Find assessor info on the county website
Neighborhood: 76360
Nearby schools
GreatSchools rating
- 4/10Electra Elementary SchoolGrades: PK-6Distance: 0.7 mi
- 4/10Electra Junior/Senior High SchoolGrades: 7-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Dinsmore
- High: Electra
- District: Electra ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Texas
- Wichita County
- Electra
- 76360
- 408 N Wichita St
Nearby cities
Nearby zip codes
Other Electra Topics
