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$225,000

3412 Fairway Dr, Wharton, TX, 77488

$292,500 ARVInfo
PendingInfo
Beds5 Beds
Baths4 Bath
Baths4,205 Sq Ft
price_per_sqft$53.51 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 4Bathrooms 4
AppliancesDisposal, Microwave, Electric Range, Dishwasher
FlooringBrick, Carpet, Tile, Wood

Exterior

Exterior FeaturesSprinkler System
Lot Size19,419 sqft

Building Information

Year Built1960
Garage Spaces2

Land Information

APN13075
Lot Number5
SubdivisionCountry Club Est.
Land UseResidential
Legal DescriptionCOUNTRY CLUB EST. LOT 5
Census Tract740400
Assessed Land Value$34,956
Assessed Improvement Value$446,444
Assessment Year2025

About this property

Own a piece of music history—this distinctive residence was once home to Frank Sinatra Jr., offering a rare chance to live where legacy and lifestyle meet. Inside, soaring ceilings, marble, wood and tile floors, and two fireplaces create a stage-worthy setting for gatherings, while double kitchen islands anchor the heart of the home for effortless entertaining. Designed with entertainers and multigenerational families in mind, the home features multiple living spaces, ample storage areas, and a detached guest house ideal for extended stays, rental income, or a private studio retreat. A pull-through driveway adds convenience and functionality. Covered patio space, workshop areas, and an expansive yard give you room to host, create, and expand. Located in Country Club Estates with quick access to FM 1301 and Alabama Rd for dining, shopping, and daily essentials—this is more than a home; it’s a story you now get to continue.

Investor Tools

$168,831Estimated Mortgage Balance
$313,210Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$292,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,888 /month
Positive
Cash Flow Estimate:
$963 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,033/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,990
$481,400
2025
$34,956
$446,444
$481,400
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,990
$481,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Va
$184,881
Yes
First
Oct 15, 2021
Oct 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,831
$312,569
64%
35%
$1,109/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.

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: Wharton

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3412 Fairway Dr | Property Details | No Agent List