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$227,277

1571 Fm 640 Rd, Wharton, TX, 77488

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,971 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$50.68 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

BankruptcyAuctionPre-ForeclosureDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3

Exterior

Lot Size1.54 acres

Building Information

Year Built1991
Garage Spaces2

Land Information

APN32282
Land UseResidential
Legal DescriptionA20040 ABST.40 TRACT 15-2A,15-3G,15-3H,15B-2B
Census Tract740100
Assessed Land Value$23,917
Assessed Improvement Value$203,360
Assessment Year2025

About this property

BEST BUY IN WHARTON COUNTY!!!! Unlock the potential of this unique property located on a spacious lot in Wharton County. Sold as-is, presenting a prime opportunity for investors, flippers, or buyers seeking a project with significant upside. The home is in requires extensive repairs, including but not limited to electrical, structural, termite damage, and deferred maintenance. Due to the current state, it is priced accordingly to reflect the work needed. Despite the condition, the property TONS OF advantages! This property has been placed in an upcoming event. All bids should be submitted online. Please submit any pre-auction offer received through the property details page on Xome website. Any post-auction offers will need to be submitted directly to the listing agent. Response within 3 business days. All properties are subject to a 5% buyers premium pursuant to the Auction Participation Agreement and Terms & Conditions minimums will apply.

Investor Tools

Property Icon
$227,277
Estimated Property Value
$0Estimated Mortgage Balance
$227,277Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,364 /month
Positive
Cash Flow Estimate:
$455 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$412/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,807
$227,277
2025
$23,917
$203,360
$227,277
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,807
$227,277

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$227,277
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.

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: Wharton

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1571 Fm 640 Rd | Property Details | No Agent List