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Wichita Falls Real Estate Growth & Community Development

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Wichita Falls Real Estate: Driving Growth and Opportunity

Wichita Falls is experiencing a transformative shift, and real estate in Wichita Falls is at the heart of it. Wichita Falls, TX, is an exciting investment opportunity due to new developments, an evolving economy, and revitalization projects. The city is focused on downtown development and attracting new businesses and residents, positioning it for growth.

In the recent episode of The Falls Homefront, I sat down with Austin Cobb, a city council member with a passion for revitalizing Wichita Falls. Austin shared his insights on the city’s growth, key development projects, and how we, as a community, can help shape our future.

Key Developments: Wichita Falls Real Estate on the Rise

Wichita Falls is witnessing a surge in real estate opportunities driven by economic development and forward-thinking projects. Austin explained that one of the primary goals for the city is to expand its population and commercial base. Right now, we’re sitting at about 100,000 residents, but the city council is aiming for 10% growth over the next 5 to 7 years. This means more opportunities for homebuyers, investors, and businesses alike.

Here’s a quick look at the major developments:

  • Downtown revitalization: One of the most exciting transformations is happening in downtown Wichita Falls. With new commercial spaces, retail opportunities, and even improvements to public areas, this area will become the heart of the city’s growth.
  • Economic development projects: Major companies like Westlake Pipes are expanding, and new businesses are setting up shop, which will generate jobs and attract new residents.
  • Affordable housing growth: As Wichita Falls, TX, real estate demand increases, the city is addressing the need for housing with new developments across the area, making it an ideal time for potential buyers.

The Vision for Downtown Wichita Falls Development

Austin spoke passionately about the downtown Wichita Falls development and its potential to reshape the city’s future. “It’s where everyone hangs out and does what we want to do,” Austin said. This development is about more than just new buildings – it’s about creating a space where people can work, live, and play.

Some highlights of Wichita Falls downtown development include:

  • Grocery stores and retail spaces: These additions will make the area more convenient for residents while boosting the local economy.
  • Public spaces and amenities: Expanding the city’s public infrastructure will help create a vibrant, welcoming environment.
  • Mall redevelopment: The mall opportunity has huge potential to change the landscape of downtown and attract more visitors to the area.


This level of investment in Wichita Falls signals that the city is ready to evolve, and those involved in real estate in Wichita Falls are taking notice.

Military Families: A Vital Part of Our Community

A significant part of the growth strategy for Wichita Falls involves supporting military families. With Shepherd Air Force Base being a major player in the local economy, Austin shared how the city works closely with military families to ensure they feel welcome and supported. As he said, “We’ve got to promote economic development to support our military families, whether they’re retiring here or transitioning to civilian careers.”

Here are some key initiatives:

  • Educational partnerships: Austin highlighted the collaboration between Shepherd Air Force Base and Midwestern State University to provide continued education for military spouses and service members.
  • Career opportunities for spouses: The city is working with local businesses to provide more job opportunities that align with the skills military spouses bring to the community.
  • Community integration: Austin emphasized the importance of fostering a supportive environment where military families feel like they belong.

Honoring Thomas Fowler: A True Wichita Falls Hero

One topic that stood out in our conversation with Austin was the Thomas Fowler Veterans Plaza project, which holds special significance for Wichita Falls. Thomas Fowler, a local hero and the only Medal of Honor recipient from Wichita Falls, will be honored in a new memorial at the plaza.

Austin shared that the plaza is expanding to include a third node dedicated to Fowler, who was killed in action during World War II. This addition will highlight his remarkable story, which is an integral part of our city’s history. Austin mentioned, “No one really knows who Thomas Fowler is or why it’s named Fowler, but we want to tell his story and honor him properly.”

This project is a powerful reminder of the deep sense of community in Wichita Falls, where we not only focus on growth but also on preserving and celebrating the stories that make us who we are. As this revitalization continues, we are reminded of the importance of local heroes like Thomas Fowler in shaping the identity of our community.

What Does the Future Hold for Wichita Falls Real Estate?

The future of Wichita Falls, TX, looks bright, and the city is positioning itself as a prime location for both new residents and investors. With continued investment in infrastructure, new businesses, and the revitalization of downtown, Wichita Falls is becoming a place that people will be excited to call home.

Here’s why you should be paying attention to real estate in Wichita Falls:

  • A growing job market: More businesses are expanding here, providing jobs for residents and newcomers.
  • Affordable housing options: New residential developments mean more opportunities to find your perfect home in Wichita Falls.
  • Community-driven growth: Wichita Falls is a place where people care about each other and actively work together to improve the community.


As Austin said, “People aren’t going to choose Wichita Falls unless we give them a reason to. We’ve got to sell the city and show why it’s a place you want to live.” This is exactly what’s happening now – and it’s just the beginning.

Get Involved and Make a Difference

What excites me the most about Wichita Falls real estate is the involvement of residents. Austin is a big advocate for community participation, whether it’s attending city council meetings, supporting local initiatives, or simply reaching out to local leaders. As he put it, “Get involved. Call me, call any of the council members – we’ll return your call.” This engagement is further amplified by the professional podcast network, which highlights local stories and initiatives.

If you’re interested in becoming part of this growing community, now is the time to make your move. Whether you’re buying a home, investing in Wichita Falls, Texas real estate, or getting involved in local projects, there’s a place for you here.

Looking Ahead: The Bright Future of Wichita Falls

The future of Wichita Falls real estate is unfolding right before our eyes. With a revitalized downtown, new business opportunities, and the support of military families, this city is on the cusp of major growth. If you’re looking for a community where you can invest, thrive, and contribute, Wichita Falls is the place to be.

As always, if you’re looking for guidance on real estate in Wichita Falls, don’t hesitate to reach out. I’m here to provide expert advice, local insights, and personalized service to help you make the best decisions for your future.

Tune in to The Falls Homefront for more updates on how Wichita Falls is growing and how you can be a part of it.

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About Tim Lockhart

Tim Lockhart, REALTOR®, is a RamseyTrusted real estate agent and retired U.S. Air Force Major serving Wichita Falls, Iowa Park, and Burkburnett, TX. Since becoming licensed in 2012, Tim has closed over 300 transactions, specializing in military relocation, listings, farm & ranch, and investment properties. He leads the Lockhart Real Estate Team at Keller Williams Realty and ranks among the top 10% of Keller Williams Lonestar DFW agents. Tim holds the MRP designation and has 45+ 5-star reviews across Zillow, FastExpert, and Google.

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