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$449,000

NAL Estimated Property Value

38320 Buckskin Rd, Wallis, TX, 77485

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,147 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.1 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8.33 acres

Building Information

Year Built1968
Stories1
Roof Type105

Land Information

APN0078-00-000-0280-901
SubdivisionA Roberts
Land UseResidential
Legal Description0078 A ROBERTS, TRACT F (PT) (TRACT 1), ACRES 8.334
Census Tract673202
Assessed Land Value$83,957
Assessed Improvement Value$256,701
Assessment Year2025

About this property

8 Acres on the river, approximately, true acreage may be more due to many years of Brazos River accretion. Only a survey could tell for sure. This property is being marketed and sold as Land Value Only – the current structures may or may not be useful to the next owner, it’s being sold as-is and as Land Value only, and priced accordingly. This could be a real bonus, and a great opportunity, if the buyer chooses to utilize the existing structure instead of building new, many options are on the table. See the videos and virtual tours for many more details. Water Well already in place. Great opportunity for someone looking to build in a great community with little restrictions in place. It’s in the Floodway so the county will require a minimum height on your living structure. This land lies in Fort Bend County unincorporated. Right on the border of the Simonton city limits and adjacent to the Valley Lodge subdivision. No time limit to build,hold it until you’re ready. No Mobile Homes

Investor Tools

Property Icon
$449,000
Estimated Property Value
$516,989Estimated Mortgage Balance
$449,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,694 /month
Positive
Cash Flow Estimate:
$898 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$660/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,674
$340,658
2025
$83,957
$256,701
$340,658
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,674
$340,658

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank A Texas Banking Ass
Unknown
$520,000
No
First
Jan 8, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$516,989
N/A
0%
115%
$3,118/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,118/mo
$-1,396/mo
4.6%

City: Wallis

38320 Buckskin Rd | Property Details | No Agent List