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A+
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$254,000

1820 Shanks Rd, Angleton, TX, 77515

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,868 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$81.37 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 8Bathrooms Full 8
Heating GasHeating Gas
CoolingCooling

Exterior

Lot Size21,780 sqft

Building Information

Year Built1960
Stories1
Roof Type105

Land Information

APN0134-0132-000
SubdivisionE Waller
Land UseResidential
Legal DescriptionA0134 E WALLER BLOCK 1 TRACT 12A1 (SD E/2) ACRES 0.5
Census Tract664100
Assessed Land Value$54,450
Assessed Improvement Value$95,550
Assessment Year2025

About this property

This mostly brick home was built back in 1946 and has 3 large bedrooms and 1.5 baths. There have been some upgrades but it needs some TLC to make it come back to life again. The lot is oversized and the area is heavily shaded for comfort. The flooring has been removed but now the buyers can put what they like in and customize it to their liking The schools are highly rated and the area is loaded with charm. The Savvy buyer will see the value in this one. This may be the best value in the area! Vacant and easy to show. Call us if you have questions.

Investor Tools

Property Icon
$254,000
Estimated Property Value
$127,187Estimated Mortgage Balance
$131,383Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,524 /month
Positive
Cash Flow Estimate:
$508 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$549/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,319
$150,000
2025
$54,450
$95,550
$150,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,319
$150,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$127,187
Yes
First
May 23, 2024
Jun 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$122,617
$135,383
52%
48%
$763/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: Angleton

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1820 Shanks Rd | Property Details | No Agent List