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Days21Days on Market
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$289,000

1403 Armstrong Derry RD, Waelder, TX, 78959

On MarketInfo
Baths0 Bath
Baths2,201 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size24 acres

Building Information

Year Built2007

Land Information

APN25805
Land UseAgriculture / Farming
Legal DescriptionABS A118 ZUMWALT A JR,24. ACRES,NO BLDGS OR M H
Census Tract970500
Assessed Land Value$386,400
Assessment Year2025

About this property

24 acres near Flatonia priced just north of $12,000 per acre! This beautiful tract offers the ideal mix of open pasture, mature trees, and a large scenic pond that creates an incredible setting for a future homestead, weekend retreat, recreational property, or potential commercial venture. The property has an agricultural exemption in place, a gated entrance, and utilities nearby, giving buyers a strong starting point for future plans. The land is open and usable while still offering tree cover, privacy, and character. Located close to Flatonia, with convenient access to I-10, local shops, restaurants, schools, parks, the Flatonia Golf Course, the historic rail park, and the area’s well-known painted churches. A rare opportunity to own usable acreage with water, views, and flexibility in a highly accessible location.

Investor Tools

Property Icon
$386,400
Estimated Property Value
$0Estimated Mortgage Balance
$215,513Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,318 /month
Positive
Cash Flow Estimate:
$773 /month

Interested in this property?

Brandon Schielack

REDI Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$162/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17
$386,400
2025
$386,400
N/A
$386,400
No

Tax History

Year
Tax Paid
Assessed Value
2025
$17
$386,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capital Farm Credit Aca
Open End Mortgage / Open End With Future Advance Clause
$199,900
No
First
Feb 8, 2019
Feb 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,887
$215,513
55%
44%
$1,199/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.

Explore Texas Explore This Area
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: Waelder

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