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$312,000

NAL Estimated Property Value

607 Reed Lane, Wharton, TX, 77488

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths1 Bath
Baths3,440 Sq Ft
QuadruplexQuadruplex
Year BuiltBuilt in 1970

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1

Exterior

Lot Size7,013 sqft

Building Information

Year Built1970

Land Information

APN22569
Lot Number21
SubdivisionReeds
Land UseResidential
Legal DescriptionREEDS LOT 21
Census Tract740200
Assessed Land Value$15,429
Assessed Improvement Value$212,098
Assessment Year2025

About this property

Charming 2 bed, 1 bath downstairs unit at 607 Reed. Included with rental is yard Maintenace. Tenant will pay their own water/trash, electric and gas. Conveniently located near restaurants and shopping. Built in 1970, this cozy rental is perfect for those seeking a low-maintenance lifestyle. Contact us for more details.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$523/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,722
$227,527
2025
$15,429
$212,098
$227,527
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,722
$227,527

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$312,000
100%
0%
$0/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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607 Reed Lane | Property Details | No Agent List