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$150,000

3831 Fm 1299 Road, Wharton, TX, 77488

$191,875 ARVInfo
PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,112 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.89 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2

Exterior

Lot Size5.29 acres

Building Information

Year Built2001

Land Information

APN28381
Land UseResidential
Legal DescriptionA20007 ABST.7 TRACT 48A-2
Census Tract740400
Assessed Land Value$121,212
Assessed Improvement Value$123,952
Assessment Year2025

About this property

This charming 3-bedroom, 2-bathroom ranch-style home offers the perfect blend of space and functionality, situated on a sprawling 5.29-acre lot. The easy-living, one-story floor plan features an open-concept kitchen, dining, and living area designed for seamless entertaining and everyday comfort. Outside, you’ll find a convenient 2-car carport and a versatile outbuilding that includes both a dedicated workshop and a separate living space, ideal for a guest suite or home office. With plenty of acreage to explore and a layout that maximizes convenience, this property is a rare find for those seeking a peaceful, single-level retreat with room to grow.

Investor Tools

Property Icon
$210,773
Estimated Property Value
$0Estimated Mortgage Balance
$73,300Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$191,875
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,265 /month
Positive
Cash Flow Estimate:
$422 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$256/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,015
$210,773
2025
$121,212
$123,952
$245,164
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,015
$210,773

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Conventional
$146,072
No
First
Jun 14, 2021
Apr 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$137,473
$73,300
34%
65%
$908/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: Wharton

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3831 Fm 1299 Road | Property Details | No Agent List