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$147,000

NAL Estimated Property Value

507 Waller Dr, Bowie, TX, 76230

$161,931 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,120 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.93 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Gas Oven
FlooringCombination, Linoleum

Exterior

Lot Size22,651 sqft

Building Information

Year Built1972
Garage Spaces1

Land Information

APNR000001298
Lot NumberH
Land UseResidential
Legal DescriptionACRES: 0.520 LOT H JIMERSON ACRES
Census Tract950402
Assessed Land Value$3,620
Assessed Improvement Value$116,640
Assessment Year2025

About this property

There is something special about a home like this where the only noise you hear is the crickets chirping and you feel secluded as if you are the only person that exists. This three bedroom, one and a half bath brick home sits on a spacious half acre lot, just outside the city limits. The interior has been freshly painted, giving it a bright and welcoming feel throughout. Inside you will find a functional layout ready to be enjoyed as is or personalized to your style. Seller completed updates to the interior along with a metal roof in 2016. Step outside, and you will find a yard scattered with oak and pine trees offering plenty of shade behind the home and a peaceful place for outdoor gatherings, gardens or simply enjoying nature. According to the seller, the home is serviced by city water and Wise Electric. This home is located at the end of a dead end road, while being close to Highway 59 for quick access to restaurants and city amenities. It is the kind of place where children can chase fireflies, build a tree fort or dream up the perfect backyard adventure. This isn't just a house, it is a place to grow, to gather with your favorite people and to create lasting memories.

Investor Tools

Property Icon
$147,000
Estimated Property Value
$147,285Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$161,931
Rent-to-Value Ratio: 0.72%
Rent Estimate
$900 /month
Positive
Cash Flow Estimate:
$300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$101/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$477
$120,260
2025
$3,620
$116,640
$120,260
No

Tax History

Year
Tax Paid
Assessed Value
2025
$477
$120,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$149,246
Yes
First
Aug 7, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,285
N/A
0%
100%
$895/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: Bowie

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507 Waller Dr | Property Details | No Agent List