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$187,000

0 Nelga Road, Wharton, TX, 77488

PendingInfo
Baths0 Bath

About this property

10.98 Acres of Prime Development Opportunity – Right in the Heart of the City! ?? Looking for your next big investment? This 10.9820-acre (478,376 sq ft) tract of unimproved land is a rare find with endless potential for developers, investors, and visionaries. Development Ready – Perfect spot for multi-family homes, duplexes, or future housing projects. Just 6 minutes from US 59 and minutes from schools, shopping, and local businesses. City Convenience + Country Charm – Enjoy the best of both worlds: close to everything, yet still offers that peaceful “country living” feel. Property borders Oak Haven Apartments on one side, and Hwy 60 South on the other side. Appraisal District shows address as 0 Nelga Rd, however, entrance is via Hwy 60 South. All clients must be accompanied by a licensed agent. Please call listing agent or your Realtor for an appointment.

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$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,122 /month
Positive
Cash Flow Estimate:
$374 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Wharton

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0 Nelga Road | Property Details | No Agent List