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B+
NoAgentList RatingHow are grades calculated?Info

$325,980

NAL Estimated Property Value

21459 Fm 362 Road, Waller, TX, 77484

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,737 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2,302.82 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesElectric Oven, Microwave, Electric Range, Free-Standing Range, Oven
FlooringCarpet

Exterior

Lot Size2 acres

Building Information

Year Built1997
Stories1
Garage Spaces2

Land Information

APN308000-004-000-200
SubdivisionA-80 Thomas Bell
Land UseAgriculture / Farming
Legal DescriptionABS A308000 A-80 THOMAS BELL TRACT PT 4 ACRES 2.0 P/O 23.06 AC P/O 23.06 AC
Census Tract680301
Assessed Land Value$142,160
Assessed Improvement Value$183,820
Assessment Year2025

About this property

What a find! AG EXEMPT (21 acres) This 23 acres is located approximately 2 miles from Bucee's and NWF 290. COMMERCIAL or RESIDENTIAL use. Property on 23+ acres of HARD CORNER PRIME LAND. Perfect for C store location and/or Office condo's or strip center. Gas lift station rental on site. One leech conventional and 1 recently installed aerobic system. Currently used as a working horse training facility and has a mobile home for ranch hand or guest (currently occupied). Barn has a 12x30 office room. Outdoor riding arena with light system. Waller School district. 2 miles from Northwest Freeway (290). Property has a 10x16 storage building and well house. A separate building for guests with a full bathroom. Water well on site. Road frontage on FM 362 is approximately 904.4 . Road frontage on Owens Rd is approximately 1030 ft. THE SKY IS THE LIMIT!!

Investor Tools

Property Icon
$325,980
Estimated Property Value
$1,847,270Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$24,000 /month
Positive
Cash Flow Estimate:
$8,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$269/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,604
$325,980
2025
$142,160
$183,820
$325,980
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,604
$325,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Austin Bank Texas Na
Investor Non-Conforming Loan
$1,863,514
No
First
Nov 13, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,847,270
N/A
0%
567%
$11,173/mo

Learn About the Market: Opportunity in Texas

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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: Waller

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21459 Fm 362 Road | Property Details | No Agent List