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$350,000

307 N Resident St, Wharton, TX, 77488

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,891 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.07 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Must-SellAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, ENERGY STAR Qualified Appliances
FlooringCarpet, Tile, Wood

Exterior

Lot Size21,924 sqft

Building Information

Year Built1940

Land Information

APN58444
Lot Number3
SubdivisionWharton
Land UseResidential
Legal DescriptionWHARTON BLOCK 27 LOT 3
Census Tract740400
Assessed Land Value$49,331
Assessed Improvement Value$306,122
Assessment Year2025

About this property

Set beneath mature trees on a .503-acre lot near Wharton’s historic courthouse square, this Victorian-style property pairs a beautiful, character-filled 3-bedroom, 2-bath main home with a separate 1-bedroom, 1-bath guest house. A show-stopping wraparound porch welcomes you inside, where warm wood floors, tall ceilings, detailed trim, a formal dining room, inviting living spaces, a stunning fireplace, and a generously sized kitchen create a home that feels both memorable and comfortable. The guest house has previously been used as an Airbnb, offering flexibility for visitors, multigenerational living, or potential rental income. A third detached structure, unfinished inside and currently used for storage, adds practical versatility. Broad lawns, mature trees, and a detached carport complete the exterior. Enjoy a blend of character, space to spread out, and downtown Wharton convenience.

Investor Tools

$242,873Estimated Mortgage Balance
$114,657Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,133 /month
Positive
Cash Flow Estimate:
$711 /month

Interested in this property?

Stacie Hoyt

Hudgins-Groover Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$548/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,802
$355,453
2025
$49,331
$306,122
$355,453
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,802
$355,453

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$241,656
Yes
First
Aug 19, 2019
Sep 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,873
$112,580
31%
68%
$1,666/mo

City: Wharton

307 N Resident St | Property Details | No Agent List