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$619,900

For Sale - Active
6063 Wilson St, Durant, OK 74701
4 Beds
3 Baths
3,353 Square Feet
7.59 Acres Lot
Built in 1976
For Sale - Active
Units n/a
Checked: 15 hours ago
Updated: Jun 11, 2025 at 03:11AM

Investment Summary


Monthly Cash Flow
-$1,356
Cap Rate
3.1%
Cash-on-Cash Return
-11.4%
Debt Coverage Ratio
0.54
Internal Rate of Return (5 years)
-7.1%

Property Description


7.59 Acres Lot
Built in 1976
For Sale - Active
Units n/a

Modern Upgrades, Expansive Acreage, and a Private Pond—All in One Exceptional Property! This beautifully remodeled home offers the perfect blend of style, space, and serenity—set on approximately 7.6 acres of private land featuring a large pond and dock. Inside, the home boasts 4 bedrooms, 2.5 baths, three spacious living areas, a bright sunroom, and a balcony overlooking the peaceful countryside. Recent updates include granite countertops, new windows, updated flooring, modern lighting, and more—creating a fresh, inviting atmosphere throughout. Outside, you’ll find a 24x30 insulated shop, a storm shelter, and a greenhouse—ideal for hobbies, storage, or year-round gardening. An $80,000 solar panel system is already installed and included, providing energy efficiency and long-term savings at no added cost. Whether you're relaxing by the pond or hosting friends indoors, this property offers the space, comfort, and versatility you've been looking for—all just minutes from town. No gimmicks. No surprises. Just a truly exceptional home on approximately 7.6 acres you’ll want to see for yourself. Schedule your private showing today!

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Location


Property Details


Parking

  • Description: Garage
  • Details: Carport
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Partial): 1
  • # of Baths (Total): 3.0

Interior Features

  • # of Rooms: 6
  • # of Stories: 1
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Brick Veneer
  • Foundation: Slab
  • Roof Material: Asphalt, Fiberglass
  • Solar Panels: Yes

HOA

  • Association: Bryan Co Unplatted

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 00002606S08E200900
  • Lot Size: 330620 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Ranch
  • Year Built: 1976

Tax Information

  • Annual Tax: $4,243

Utilities

  • Heating: Central, Electric
  • Cooling: Central Air

Location

  • County: Bryan

Listing Details


Listed by:
Drew Jackson
Legacy Land & Realty
(580) 916-6530

Source:
MLS Technology
MLS#: 2523967
MLS Technology

Investment Summary


Monthly Cash Flow
-$1,356
Cap Rate
3.1%
Cash-on-Cash Return
-11.4%
Debt Coverage Ratio
0.54
Internal Rate of Return (5 years)
-7.1%

Purchase Details

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Purchase price:
$619,900
Amount financed:
-$495,920
Down payment:
$123,980
Closing costs:
$18,597
Rehab costs:
$0
Initial cash invested:
$142,577
Square feet:
3,353
Cost per square foot:
$185
Monthly rent per square foot:
$0.84

Financing Details

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Loan amount:
$495,920
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$2,934
Property tax:
$354
Insurance:
$196
Private mortgage insurance (PMI):
$0
Monthly payment:
$3,484

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,800 $33,600
Vacancy loss: (6%)
6% -$168 -$2,016
Operating income:
$2,632 $31,584

Operating Expenses


% Rent Monthly Yearly
Property taxes: (13%)
13%-$354-$4,243
Insurance: (7%)
7%-$196-$2,352
Property management: (8%)
8%-$224-$2,688
Repairs & maintenance: (5%)
5%-$140-$1,680
Capital expenditures: (5%)
5%-$140-$1,680
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (38%)
38%-$1,054-$12,643

Cash Flow


Monthly Yearly
Net operating income:
$1,578 $18,936
Mortgage payments:
-$2,934 -$35,208
Cash flow:
$1,356 $16,272