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$205,000

NAL Estimated Property Value

28318 Fm 2920 Road, Waller, TX, 77484

Off MarketInfo
Baths0 Bath
Baths1,134 Sq Ft

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1 acre

Building Information

Year Built1996

Land Information

APN1150400010024
Lot Number22
SubdivisionMadison Square U/R
Land UseResidential
Legal DescriptionLT 22 BLK 1 MADISON SQUARE U/R
Census Tract556000
Assessed Land Value$65,340
Assessed Improvement Value$19,378
Assessment Year2025

About this property

Location, location, location! Here is one acre of unrestricted land ready to suit your needs for commercial or residential purposes. Only a 2 mile drive to Hwy 290. This lot has 75 feet of FM 2920 frontage and goes 580 feet to the back property line and is NOT located in a flood plain. Septic, water, and electricity are already in place. Property is being sold for land value only with no value being given to the manufactured home. Nearby attractions include Binford Business Park, Daikin, Waller High School, Buc-ee’s, and the proposed 290-acre Waller Town Center that would include retail, restaurants, entertainment, hotel and office development. This area is rapidly growing and makes for a great time to invest! Schedule your showing today!

Investor Tools

Property Icon
$205,000
Estimated Property Value
$0Estimated Mortgage Balance
$205,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$136/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$603
$84,718
2025
$65,340
$19,378
$84,718
No

Tax History

Year
Tax Paid
Assessed Value
2024
$603
$84,718

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$205,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
10.1%

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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28318 Fm 2920 Road | Property Details | No Agent List