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For sale by owner
  • $350,000

    816 Indiana Ave, Wichita Falls, TX 76301

    1beds
    3,938sqft
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    SingleFamily
    Built in 1935
    -- sqft lot
    $-- Zestimate®
    $89/sqft
    $-- HOA

    Overview

    Unique opportunity to own a mixed-use property offering both residential living and income-producing potential. The upper level features a beautifully updated residential space with modern finishes, providing a comfortable place to live, operate as a short-term rental, or lease for additional income. The lower level consists of a commercial storefront currently occupied by a long-term tenant, creating immediate revenue and investment value. Fully furnished with some exclusions. Originally constructed in 1935, this property blends historic character with thoughtful updates and improvements. The building is equipped with fire sprinkler and alarm systems and has been well maintained. Located in the heart of downtown, it offers excellent visibility, walkability, and convenient access to local businesses, dining, and community events. Whether you're an investor seeking a cash-flowing asset, an entrepreneur looking to combine business and residential use, or someone searching for a unique property with multiple income streams, this versatile mixed-use building presents a rare opportunity. The property offers approximately 1,200 sq ft of residential space along with approximately 2,700 sq ft of commercial space.
    What the owner loves about this home
    What makes this property truly special is its unique blend of commercial and residential space in a manageable, turnkey package. Countless hours have been invested in thoughtfully restoring and updating the building while preserving its character. Whether you're an investor looking for a property with multiple income streams, an entrepreneur seeking a live-work environment, or a business owner wanting supplemental income from the residential loft, this property offers incredible flexibility. It's large enough to create opportunity, yet small enough to be practical and easy to manage, a rare combination in today's market.
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    Listed by:

    Property Owner (940) 736-1370

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 3
      • Full bathrooms: 1
      • 1/2 bathrooms: 2
      Appliances
      • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
      Features
      • Flooring: Tile, Concrete, Hardwood, Linoleum / Vinyl
      • Basement: None
      Interior area
      • Total interior livable area: 3,938 sqft

      Property

      Parking
      • Parking features: On-street
      Features
      • Exterior features: Stucco, Brick, Cement / Concrete
      • Has view: Yes
      • View description: City

      Construction

      Type & style
      • Home type: SingleFamily
      Materials
      • Roof: Other
      Condition
      • New construction: No
      • Year built: 1935

      Community & HOA

      Location
      • Region: Wichita Falls

      Financial & listing details

      • Price per square foot: $89/sqft
      • Date on market: 7/10/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/10/2026Listed for sale$350,000$89/sqft
        Source: Owner Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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.

        Climate risks

        Neighborhood: 76301

        Getting around

        61 / 100
        Somewhat Walkable
        56 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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