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$272,000

205 E Wallace St, Llano, TX, 78643

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,545 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$100.32 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Range
FlooringVinyl, Wood

Exterior

Lot Size10,010 sqft

Building Information

Year Built1950
Stories1
Roof Type115
Garage Spaces2

Land Information

APN23571
Lot Number77
SubdivisionSouth
Land UseResidential
Legal DescriptionSOUTH ADDN BLK 9 E 68 FT OF LT 77
Census Tract970200
Assessed Land Value$41,050
Assessed Improvement Value$204,050
Assessment Year2025

About this property

WALKING DISTANCE OF THE BEAUTIFUL LLANO RIVER, COURT HOUSE & SQUARE. SPACIOUS 2/1/1 BATH, OLDER (GERMAN STYLE) ROCK HOME, LOTS OF CHARM! GREAT HARDWOOD FLOORS. NICE KITCHEN W/LARGE PANTRY, ROOM FOR BREAKFAST TABLE IN KITCHEN. LIVING ROOM IS SPACIOUS; PLENTY ROOM FOR FORMAL DINING AT ONE END, BY KITCHEN, VERY NEAT BATH & BATH. BEDROOMS & CLOSETS NICE SIZE. BONUS ROOM & UTILITY AT BACK PORCH OF HOME OPENING TO BACK YARD. GREAT PLACE TO HAVE AN OFFICE, BONUS ROOM FOR COMPANY & PLENTY ROOM TO ADD A BATH IS SO DESIRED. BACK YARD IS BEAUTIFULLY SHADED BY HUGE PECAN TREES, PRIVATE WATER WELL.

Investor Tools

Property Icon
$272,000
Estimated Property Value
$149,494Estimated Mortgage Balance
$142,497Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,632 /month
Positive
Cash Flow Estimate:
$544 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$223/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,316
$223,100
2025
$41,050
$204,050
$245,100
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,316
$223,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Planet Home Lending Llc
Conventional
$149,494
No
First
Jul 31, 2019
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$129,503
$142,497
52%
48%
$897/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.

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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: Llano

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205 E Wallace St | Property Details | No Agent List