Paragon Realtors Real Estate

317 E 3rd StreetBurkburnett, TX 76354Price: $375,000

  • Price: $375,000
  • 11 Days on Market
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Federal 30-year interest rate: 6.58% last updated on Jul 23, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $375,000List Price
  • 0.43Acreage

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Listed by Michael Petersen of Serhant Texas,LLC
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.

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Property Details of 317 E 3rd Street

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Based on information submitted to North Texas Real Estate Information Services as of July 28, 2026 12:37 AM UTC. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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