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B+
NoAgentList RatingHow are grades calculated?Info
Days215Days on Market
Views1view
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$1,850,000

32445 Knebel Road, Waller, TX, 77484

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,300 Sq Ft
price_per_sqft$804.35 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1.00 acres

Building Information

Year Built2003

Land Information

APN0450270000054
Land UseResidential
Legal DescriptionPT TR 1A-2 (HOMESITE) ABST 723 H STEWART
Census Tract556000
Assessed Land Value$21,817
Assessed Improvement Value$66,087
Assessment Year2025

About this property

Outstanding opportunity to own 11± unrestricted acres, just 1.5 miles north of Hwy 290 and Buc-ee’s, in one of Waller County’s fastest-growing areas. Positioned near the prestigious master-planned community of Attwater and directly adjacent to Oakwood Estates, the property is surrounded by major new developments that are driving rapid population growth and increasing traffic counts. The property includes a 2,300± sq. ft. manufactured home with 4 bedrooms, 3.5 bathrooms, and central heating and A/C. Property also holds a 3200 square-foot metal building shop on a slab with potential apartment and office space. Additional features include a water well and a location outside the floodplain—making it ideal for residential, commercial, or investment use with excellent growth potential ***Ag exempted. ((Recent gas line installation observed along property frontage—potential for utility access (buyer to verify connection availability with provider))

Investor Tools

$0Estimated Mortgage Balance
$1,832,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,100 /month
Positive
Cash Flow Estimate:
$3,700 /month

Interested in this property?

Shabeeb Anwar

REALM Real Estate Professionals - Sugar Land

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$804/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$494
$87,904
2025
$21,817
$66,087
$87,904
No

Tax History

Year
Tax Paid
Assessed Value
2020
$494
$87,904

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Synergy Mortgage Corp
Unknown
$143,059
No
First
N/A
Feb 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,832,000
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
1.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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