6474 Burkburnett RdWichita Falls, TX 76305

Property Details for 6474 Burkburnett Rd

Lot size

10.00 AC

Property type

Land

Property subtype

Farms

Description

This exceptional 10-acre property in Wichita Falls, Texas, presents a unique investment opportunity. Located at 6474 Burkburnett Rd, 76305, this agriculturally zoned land boasts highway frontage on Hwy 44, offering excellent visibility and accessibility. The land itself is a blend of pasture with scattered trees and cultivated areas, suitable for various uses. Existing infrastructure includes readily available electricity along the western boundary. The terrain is level to gently sloping, ideal for development or continued agricultural use. Currently generating income from solar and farm leases, this property offers immediate return on investment. Future development potential is significant, with the possibility of subdividing into single-family lots (minimum 10,000 sq ft) or negotiating new lease agreements. The property is situated across from a master-planned community of single-family homes, further enhancing its value and appeal. Additional lots are planned for development along Hwy 44. Wichita Falls, a city with a population exceeding 100,000, has a robust economy anchored by aerospace and aviation industries, providing a stable market for future growth. This 1031 exchange eligible property is a rare find, combining immediate income with substantial long-term potential. The property is conveniently located in Wichita County, Texas.

Location Insight

City

Wichita Falls

County

Wichita

State

Texas

Latitude

34.0093

Longitude

-98.5192

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