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$426,000

NAL Estimated Property Value

1121 Wallis Rd, Aledo, TX, 76008

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,820 Sq Ft
price_per_sqft$247.25 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringLaminate

Exterior

Exterior FeaturesPrivate Yard
Lot Size3.31 acres

Building Information

Year Built1971
Stories1
Garage Spaces1

Land Information

APN22177-007-000-00
Land UseResidential
Legal DescriptionACRES: 3.310 TR: BLK: SURV: R. L. TURNER
Census Tract140709
Assessed Land Value$244,190
Assessed Improvement Value$181,210
Assessment Year2025

About this property

This Gorgeous Property Features Almost 4 Acres of Park-Like Grounds with Beautiful Trees, Many of Them Pecan Trees. Ideal for Building Your Own Dream Home! Highly Sought-After Acreage in Aledo ISD. Completely Fenced and Ready for Your Horses or Livestock. The Charming Farm House on the Property Features 3 Bedrooms and 1 Bath with Approx 1820 Sq. Ft. of Living Space. The Large Barn has 2 Stalls with Runs, Loafing Shed, Tack Room with Water and Electric, Concrete Alleyway, Covered Storage Area for Hay, Horse Washing Area and Separate Garage with Roll Up Door Could Also be Storage for your Tools and Riding Mower! Easy Access to I-20 and H-E-B! Only 20 Minutes to West Fort Worth. Don't Miss Out, Call to See Today!

Investor Tools

Property Icon
$426,000
Estimated Property Value
$385,977Estimated Mortgage Balance
$40,023Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$695/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$425,400
2025
$244,190
$181,210
$425,400
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$425,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$405,000
No
First
Oct 17, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$385,977
$40,023
9%
91%
$2,429/mo

Learn About the Market: Opportunity in Texas

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Explore

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: Aledo

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1121 Wallis Rd | Property Details | No Agent List