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$774,310

NAL Estimated Property Value

32067 Reids Prairie Road, Waller, TX, 77484

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,900 Sq Ft
price_per_sqft$224.13 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 3Bathrooms 3
AppliancesConvection Oven, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size5.01 acres

Building Information

Year Built2007
Stories1
Garage Spaces2

Land Information

APN492511-001-001-000
Lot Number1
SubdivisionFrontier Farms 1
Land UseAgriculture / Farming
Legal DescriptionS492511 FRONTIER FARMS 1 BLK 1 LOT 1 ACRES 5.005
Census Tract680602
Assessed Land Value$345,240
Assessed Improvement Value$429,070
Assessment Year2025

About this property

Welcome to 32067 Reids Prairie! Nestled among mature trees, the charming main house boasts 2,040 sq.ft with 1 bedroom, a loft, and 2 bathrooms. Your pool house is spread across 860 sq.ft and is equipped with 1 bedroom, a flex space, and 1 bathroom. Step inside the main house and find vaulted ceilings, rich wood finishes, & expansive windows that fill the home with natural light. Your living & dining areas provide a warm & inviting space for gatherings. The well-appointed kitchen features plenty of counter space, custom wood cabinetry, & stainless steel appliances. Step outside to your large covered patio & private resort-style pool, perfect for relaxing & entertaining. The vast property offers endless possibilities, surrounded by mature trees that provide shade & privacy. Your pool house features a modern kitchen & private living & bedroom areas. There’s also a well-maintained workshop with a private gun range, perfect for hobbies & recreation. Don't wait, make this your forever home!

Investor Tools

Property Icon
$774,310
Estimated Property Value
$656,191Estimated Mortgage Balance
$118,119Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,646 /month
Positive
Cash Flow Estimate:
$1,549 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$583/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,127
$774,310
2025
$345,240
$429,070
$774,310
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,127
$774,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$674,179
Yes
First
Nov 18, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$656,191
$118,119
15%
85%
$4,043/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.

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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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32067 Reids Prairie Road | Property Details | No Agent List