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Investment Highlights

  • Prime downtown corner visibility with high traffic.
  • Opportunity for creative financing.
  • 10 minutes from casinos

Executive Summary

Rare opportunity in the heart of Burkburnett to secure a property with excellent visibility, history, and redevelopment potential. Located at 317 E 3rd Street, this property sits in a town with deep North Texas roots and a story tied to ranching, rail, and the oil boom that helped shape the region. Burkburnett became widely known during the early 1900s oil rush, earning its “Boomtown” identity and creating a legacy that still gives the community character today. This property offers a blank canvas for buyers, investors, builders, or business owners looking to bring new life to a well-positioned site. Depending on zoning, approvals, and buyer plans, the property may be a strong candidate for redevelopment, renovation, infill construction, commercial use, mixed-use concepts, office, retail, service business, or a unique owner-user opportunity.
Its location near the main corridor through town creates accessibility and convenience while still offering the charm of a smaller community. Burkburnett continues to appeal to those looking for affordability, small-town atmosphere, and proximity to Wichita Falls, Sheppard Air Force Base, the Red River, and major highway access. With a proud local history, established neighborhoods, schools, parks, and everyday conveniences nearby, the area offers a strong foundation for future growth. Whether you are looking to restore, repurpose, rebuild, or hold as a long-term investment, this property presents a compelling opportunity to create something meaningful in a town known for resilience, character, and North Texas heritage. Bring your vision and explore the possibilities at 317 E 3rd Street.

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
Deferred Maintenance
Property Type
Retail
Property Subtype
Bank
Building Size
15,201 SF
Building Class
C
Year Built
1920
Price
$525,397 CAD
Price Per SF
$34.56 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.81
Lot Size
0.43 AC
Zoning
CB
Parking
16 Spaces (1.05 Spaces per 1,000 SF Leased)
Frontage
126’ on 3rd Street
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

United Supermarkets
Prosperity Bank

Property Taxes

Property Taxes

Parcel Number
123019
Land Assessment
$39,401 CAD
Improvements Assessment
$102,353 CAD
Total Assessment
$141,754 CAD
  • Listing ID: 41494787

  • Date on Market: 2026-07-30

  • Last Updated:

  • Address: 317 E 3rd St, Burkburnett, TX 76354

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