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$643,000

NAL Estimated Property Value

13512 Fm 1489 Rd, Wallis, TX, 77485

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths350 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2,142.86 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
CoolingCooling

Exterior

Lot Size10 acres

Building Information

Year Built2024
Stories1
Roof Type105

Land Information

APN0012-02-003-3200-903
SubdivisionGail Borden
Land UseResidential
Legal Description0012 GAIL BORDEN, ACRES 10
Census Tract675800
Assessed Land Value$228,000
Assessed Improvement Value$2,082,514
Assessment Year2025

About this property

AMAZING INVESTMENT OPPORTUNITY!! Gorgeous 10 Acres of Prime Real Estate in the rapidly developing city of Wallis/Orchard area! This property is any Investor’s Dream for Commercial or Residential Property Development. MAJOR ROAD FRONTAGE, with Tons of Trees, a Small craftsman style 2 bdrm, 1 bath modest home. Square Footage is approx. and must be Verified by buyer. Home is currently Leased until June 1st. Property is completely fenced, with Electricity, Well, and Septic. Ready to Go for any buyer’s next Place to call home, or next business opportunity to Take Off! No restrictions! Come take a look Y’all! Country Living/Business at it’s BEST!

Investor Tools

Property Icon
$643,000
Estimated Property Value
$0Estimated Mortgage Balance
$643,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,500 /month
Positive
Cash Flow Estimate:
$1,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$396/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,539
$294,860
2025
$228,000
$2,082,514
$2,310,514
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,539
$294,860

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$424,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
2.4%

City: Wallis

13512 Fm 1489 Rd | Property Details | No Agent List