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$1,700,000

28222 Margerstadt Road, Waller, TX, 77484

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,512 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$1,124.34 / sqft
Year BuiltBuilt in 1936

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDisposal, Oven, Electric Range, Dishwasher
FlooringTile, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size8.26 acres

Building Information

Garage Spaces1

Land Information

APN0402120000048
Land UseAgriculture / Farming
Legal DescriptionTR 14A ABST 14 JESSE DENSON
Census Tract556000
Assessed Land Value$107,964
Assessed Improvement Value$5,712
Assessment Year2025

About this property

Discover over 9 acres of unrestricted Texas countryside with agricultural exemption and endless potential. This versatile property is equipped for agricultural, residential, or commercial use and features multiple barns with stalls, pastures, livestock pens, dog kennels, storage sheds, a large workshop, and extensive farm infrastructure. Three covered RV spaces with 50 amp service, a detached carport, and a climate controlled two room office building provide flexibility for business operations, guest accommodations, or hobby space. The 3 bedroom, 2 bath home offers updated flooring, oak cabinetry, a kitchen island, and storm windows. Additional highlights include a pond, well, septic system, solar and motion activated lighting, gated pastures, mature shade trees, abundant parking, and no restrictions. Mobile homes located in Harris County are not included in the sale of the Waller County property. On Harris county side, they may be purchased separately and available for negotiation.

Investor Tools

$0Estimated Mortgage Balance
$113,676Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,200 /month
Positive
Cash Flow Estimate:
$3,400 /month

Interested in this property?

Noe Farias

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$51/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$40
$113,676
2025
$107,964
$5,712
$113,676
No

Tax History

Year
Tax Paid
Assessed Value
2024
$40
$113,676

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$113,676
100%
0%
$0/mo

City: Waller

28222 Margerstadt Road | Property Details | No Agent List