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$2,108,000

NAL Estimated Property Value

2 Highway 36, Wallis, TX, 77485

Off MarketInfo
Beds— Beds
Baths— Bath
Baths1,268 Sq Ft
price_per_sqft$1,662.46 / sqft
Year BuiltBuilt in 1888

Property Lead Type:

Off-Market List

About this property

BASIC OVERVIEW: Located just 5.5 miles south of IH-10 with ~2,100 feet of HWY 36 frontage, this unrestricted 263.5+/- acres makes for a great development/investment property, or lends itself nicely for hunting, livestock, and farming operations.IMPROVEMENTS: Good perimeter fencing on 3 sides. Property is part of larger ranch which is fully fenced along the perimeter. UTILITIES:Electric:Center point Energy. Water: 2 Water Wells. Sewer- n/a. TAXES: Ag Exempt. PROPERTY POTENTIAL:This property offers close proximity to rapidly growing urban areas, nice shape and great road frontage. This versatile tract affords buyers with the opportunity to develop immediately or buy and hold. Whether its farming or grazing for personal use, or leasing, this property is perfect for the buyer looking to take advantage of a cash flow positive property with endless upside return potential.

Investor Tools

Property Icon
$2,108,000
Estimated Property Value
$0Estimated Mortgage Balance
$2,108,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,648 /month
Positive
Cash Flow Estimate:
$4,216 /month

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Financing Details

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

City: Wallis

2 Highway 36 | Property Details | No Agent List