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$12,350

NAL Estimated Property Value

11503 Highway 36, Wallis, TX, 77485

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,731 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.11 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 4Bathrooms 4
AppliancesFree-Standing Range, Oven
FlooringCarpet, Vinyl

Exterior

Lot Size39.94 acres

Building Information

Garage Spaces2

Land Information

APN0012-07-002-0200-903
SubdivisionGail Borden
Land UseAgriculture / Farming
Legal Description0012 GAIL BORDEN, ACRES 39.9374
Census Tract675800
Assessment Year2025

About this property

Spacious ranch style home on 5 acres with 275' of frontage road on Highway 36. Property has no restrictions and can be used for commercial or residential purpose. Tons of possibilities with the home offering 3 bedrooms, 2.5 baths and an additional game room with 1 full bathroom accessed through the garage. Fenced yard, paved driveway, mature trees and two barns. One barn offers 5 bays and the other has an attached, covered shed. Low tax rate and easy access to major thoroughfares. Ag exemption currently in place for Hay lease.

Investor Tools

Property Icon
$12,350
Estimated Property Value
$0Estimated Mortgage Balance
$12,350Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$22/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$208
$12,350
2025
N/A
N/A
$653,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$208
$12,350

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$12,350
100%
0%
$0/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: Wallis

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11503 Highway 36 | Property Details | No Agent List