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$575,000

NAL Estimated Property Value

212 N Walnut St, Roanoke, TX, 76262

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths856 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 1962

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating GasHeating Gas

Exterior

Lot Size13,299 sqft

Building Information

Year Built1962
Stories1
Roof Type105

Land Information

APNR72115
Lot Number6,7
SubdivisionO T Roanoke
Land UseResidential
Legal DescriptionO T ROANOKE BLK 16 LOT 6,7(W45')
Census Tract020311
Assessed Land Value$330,050
Assessed Improvement Value$226
Assessment Year2024

About this property

Located in the highly sought after downtown Roanoke area, this level, city-serviced lot presents a rare opportunity for a dream home build. Zoned residential, the parcel is ideal for quick development. Situated near the heart of Roanoke’s dining and retail district, plus parks, schools, and major commuter routes, this lot blends convenience with strong investment upside.

Investor Tools

Property Icon
$575,000
Estimated Property Value
$0Estimated Mortgage Balance
$575,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$676/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,243
$330,276
2024
$330,050
$226
$330,276
No

Tax History

Year
Tax Paid
Assessed Value
2023
$5,243
$330,276

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$575,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,680/mo
N/A
+$1,680/mo
3.5%

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: Roanoke

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212 N Walnut St | Property Details | No Agent List