Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$195,748

NAL Estimated Property Value

201 Mcelroy Ave, Wharton, TX, 77488

$228,189 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,020 Sq Ft
price_per_sqft$81.68 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesGas Oven, Gas Cooktop

Exterior

Lot Size15,538 sqft

Building Information

Year Built1972

Land Information

APN10838
Lot Number3-5
SubdivisionAhldag
Land UseResidential
Legal DescriptionAHLDAG BLOCK 38-2B, BARCLAY LOT 3,4,5
Census Tract740200
Assessed Land Value$9,323
Assessed Improvement Value$186,425
Assessment Year2025

About this property

Welcome to this spacious 2,000+ SF 3-bedroom, 2-bath home on an approx 1/3 acre city lot. Conveniently located between Richmond Rd and Fulton St, it's close to WCJC, WISD, shopping, banking and local restaurants. This property not only offers your family convenient location, but plenty of potential to create your dream living space. The home features a separate formal living room and dining room ideal for entertaining. The family room connects seamlessly to a bright breakfast area in the kitchen; while an in-house utility room adds practicality. Enjoy the comfort of spacious bedrooms, including a versatile master suite. Outside, the fully fenced backyard with a covered patio is perfect for relaxation and entertainment. The large lot offers room for gardening or future improvements, complemented by a charming circle driveway and entryway foyer. Ready for new owners to bring their vision to life. Schedule a tour today to explore the possibilities!

Investor Tools

Property Icon
$195,748
Estimated Property Value
$166,082Estimated Mortgage Balance
$29,666Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$228,189
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,174 /month
Positive
Cash Flow Estimate:
$391 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$359/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,328
$195,748
2025
$9,323
$186,425
$195,748
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,328
$195,748

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$168,547
Yes
First
Jul 18, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,082
$29,666
15%
85%
$1,011/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

201 Mcelroy Ave | Property Details | No Agent List