Investment Property In Elk City, Oklahoma

Discover the potential in this 4 bedroom, 2 bathroom home. This property is a true fixer-upper, offering plenty of space and character for the right buyer ready to bring it back to life. Spacious layout with room for family, guests, or home office making this a great opportunity for investors or DIY enthusiasts. Property is being sold AS-IS.

Elk City, Oklahoma located in Beckham County, Elk City sits between Oklahoma City and Amarillo, Texas, with Interstate 40 (Historic Route 66) running through Elk City. This makes Elk City a frequent stop for travelers, with more than 25,000 tourists passing through each year.

With an estimated population of approximately 11,314, Elk City offers small-town living with access to local amenities and events. Known for its strong sense of community and “Western Oklahoma Hospitality,” residents and visitors alike experience a friendly, welcoming atmosphere. 

The city supports a wide variety of small businesses and offers numerous attractions, recreational opportunities, and community events throughout the year. Residents and visitors enjoy activities at Ackley Park, one of Elk City’s premier destinations, which features the Centennial Carousel, with a new miniature golf that mimics Route 66, train rides, sports facilities, and the Thunderbird Bay Aquatic Center. The park serves as a central gathering place for festivals and family activities, including the well-known Christmas in the Park, which features millions of lights and festive displays each holiday season. Elk City also hosts a variety of events such as the Farm & Home Expo, WCOK Dog Show, community flea markets, youth sports tournaments, and seasonal activities, while outdoor recreation can be enjoyed at Elk City Lake and the city’s network of parks and trails. Together, these amenities and events create a vibrant community atmosphere and provide year-round opportunities for residents and visitors to gather, explore, and experience the hospitality of Western Oklahoma.

Elk City also features an airport with a 5,000+ ft runway at the Elk City Regional Business Airport. In 2025, the airport saw significant updates, including the construction of a new terminal and hangar, along with taxiway expansion and the demolition of the old terminal to expand apron parking. These upgrades are part of a larger community initiative to improve the airport’s infrastructure. The city also offers an 18-hole public golf course at the Elk City Golf and Country Club.

Elk City is served by a public school district that includes four campuses covering grades Pre-K through 12. The district is known for its quality education and strong extracurricular programs. Surrounding communities, such as Merritt, Sayre, Canute, and Hammon, offer additional school district options, often with smaller class sizes. A private school option is also available through Western Oklahoma Christian School, offering faith-based education in the region. Post-secondary education is available nearby through Western Technology Center and Southwestern Oklahoma State University (SWOSU) campuses in Weatherford, Sayre, and Burns Flat.

Elk City and Beckham County Statistics

Elk City
Population: 11,314 (2026 Estimate)
Climate: Cold, dry winters and hot, wet summers (weather conditions can change quickly)

Median Income:
Individuals (Per Capita): $26,917
Households: $51,272

Beckham County
County Seat: Sayre, Oklahoma
Population: 22,480 (2026 Estimate)

Geography: The county covers 904 square miles, of which 902 square miles are land and 2.1 square miles (0.2%) are water, according to the U.S. Census Bureau. It is drained by the North Fork of the Red River and its tributaries, including Timber, Sweetwater, and Buffalo Creeks. The northwestern portion lies within the High 

Plains, while the remainder falls within the Gypsum Hills physiographic region.

Median Income:
Individuals (Per Capita): $25,420
Households: $52,323