Lincoln Terrace — Oklahoma City, OK
940 East Drive, Oklahoma City, OK 73105
2 BD · 2 BA · 2,050 sq ft · Built 1927
The details
About this home
Property back on market at no fault of the seller. Property has a lot of potential for the right investor or Home owner to come put their touch on it. Property was completely gutted and is at the stage where the Drywall has been put up. New Plumbing, Electrical, Central HVAC, and Roof replaced approximately 5 years ago. Permits were pulled on all the work completed above according to seller. See Permit report in disclosures. Seller also had two water meters installed. Windows were installed and approved historical perservation according to the seller. Property Has a new HVAC unti in the attic, but it is missing the condensing units outside. Property currently has 1 bedroom in each unit, however orginally it had 2 bedrooms on each side, so a buyer could potentially make back into 2 bedroom units on each side. Property also missing Hot water heaters. Buyer to verify condition and all information during their inspection period.
Price history
History from MLS records since this home was listed.
Monthly cost
— / month
Principal, interest, taxes, insurance, and HOA.
Assumes a $167,000 price, 20% down, 30-year fixed rate at 7.24% (APR 7.24%). Includes taxes and insurance; mortgage insurance not included. APR assumed equal to the rate; actual APR will be higher with lender fees. Estimate only. Not a loan offer or commitment.
- Principal & interest
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- Property taxes
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- Home insurance
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- HOA
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Planning estimate, not a quote. Rate and insurance are editable assumptions. Taxes can change after purchase; confirm HOA dues and their frequency. Mortgage insurance, closing costs, and maintenance are not included.
Rate: Freddie Mac Primary Mortgage Market Survey 30-year fixed average for the week of Oct 29, 2026, via FRED. An average, not a quote.
Insurance: about $5,800/yr for a $300,000 Oklahoma home, scaled by price (Oklahoma average, InsuranceNewsNet and Insurify 2026 studies). Your quote depends on the home, roof, deductible and insurer.
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Kurt Swink · Financial Concepts Mortgage
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Kurt Swink, NMLS #207515 · Financial Concepts Mortgage, NMLS #181632.
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Recently sold nearby
Sold
Sold
Sold
Sold
Sold
Sold
Listing provided courtesy of Angelena Harris, Spearhead Realty Group LLC (405-493-8144). Status: Sold.
Listings courtesy of MLSOK as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Apr 10, 2026, 10:02 PM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS, as established by the applicable MLS Governing Documents.
The listing information provided here is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use or search of this data other than by a consumer looking to purchase real estate is prohibited.
Data last updated Apr 10, 2026, 10:02 PM CT. MLS # 1216362. Homestead & Co is a licensed Oklahoma real estate brokerage.
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