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$411,000

NAL Estimated Property Value

1238 County Road 124, Wharton, TX, 77488

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,178 Sq Ft
Year BuiltBuilt in 1945

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
AppliancesRange
FlooringLaminate

Exterior

Exterior FeaturesNone
Lot Size23.75 acres

Building Information

Year Built1945

Land Information

APN60152
Lot Number39B-2
Land UseResidential
Legal DescriptionA20011 ABST.11 TRACT 44, LOT 39B-2
Census Tract740600
Assessment Year2025

About this property

This expansive 23.75-acre property offers a rare blend of natural beauty, history and alot of potential. Approximately 50-60 pecan trees are spread across 11 of the acres. Just across the seasonal creek that runs throughout the property was once a thriving 10-acre San Augustine grass farm, the land still holds the charm of its past. Majestic oaks and native hardwoods provide shade and scenery across the fenced acreage, creating a tranquil, park-like feel. The home on the property is valued at zero and it is being sold AS-IS. This property is ideal for anyone looking for the quiet rural life with the vision to transform the current structure. It is ideal for agricultural, recreational or residential redevelopment. It is fully fenced with prior ag-exemption.

Investor Tools

Property Icon
$411,000
Estimated Property Value
$0Estimated Mortgage Balance
$411,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,466 /month
Positive
Cash Flow Estimate:
$822 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$197/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$308
$38,646
2025
N/A
N/A
$452,885
No

Tax History

Year
Tax Paid
Assessed Value
2025
$308
$38,646

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$411,000
100%
0%
$0/mo

City: Wharton

1238 County Road 124 | Property Details | No Agent List