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Days117Days on Market
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$600,000

27787 Riley Road, Waller, TX, 77484

On MarketInfo
Baths0 Bath
Baths2,651 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available

Exterior

Lot Size14.88 acres

Building Information

Year Built1991
Garage Spaces4

Land Information

APN327400-002-000-100
SubdivisionA-274 John C White
Land UseAgriculture / Farming
Legal DescriptionABS A327400 A-274 JOHN C WHITE TRACT 2 ACRES 14.884
Census Tract680602
Assessed Land Value$71,070
Assessed Improvement Value$374,480
Assessment Year2025

About this property

Unrestricted 6 Acres – Ready for Residential or Commercial Use! Cleared, level, and fully fenced, this 6-acre tract (divided out of a larger tract) offers 370 ft of prime frontage on Riley Rd and is primed for development. Utilities include a G&W water meter, a large conventional septic tank, and nearby San Bernard Electric. The property features two concrete culvert driveways (24’ and 28’ wide), an iron gate entrance, and a raised, hardened drive for all-weather access. Dual 24-inch drainage ditches provide effective runoff management. Fiber optics and an AT&T service box are just outside the property line. Positioned at one of Waller County’s highest elevations (per Google Terrain) and directly across from the Saddle Creek Subdivision. No HOA or deed restrictions—ideal for residential, commercial, or mixed-use opportunities. The boundary lines in the aerial picture are an approximation; the parcel map reflects a larger tract, not the 6 acres (an additional 1.63 acres also for sale)

Investor Tools

$206,496Estimated Mortgage Balance
$239,054Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

Interested in this property?

Katie Gaffigan

Segue Real Estate Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$343/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,884
$445,550
2025
$71,070
$374,480
$942,930
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,884
$445,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dean E Simpson
Seller Carryback / Seller Financing / Seller Take-Back
$328,000
No
First
Dec 1, 2010
Dec 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$206,496
$239,054
53%
46%
$1,967/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.

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: Waller

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