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$257,000

NAL Estimated Property Value

7505 Anita Ln, Wallis, TX, 77485

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,592 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.56 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesMicrowave, Gas Cooktop, Dishwasher

Exterior

Lot Size16,801 sqft

Building Information

Year Built1965
Garage Spaces3

Land Information

APN12250
Lot Number1-2
SubdivisionWallis Heights Sub
Land UseResidential
Legal DescriptionWALLIS HEIGHTS SUB BLOCK 3 LOT 1 & 2
Census Tract760100
Assessed Land Value$47,295
Assessed Improvement Value$124,247
Assessment Year2025

About this property

Hello from Anita Lane in Wallis, TX! This charming ranch style home is sitting on .3 acres of land on a corner lot with mature trees and plenty of shade. 1 block of HWY 60, you can be on I10 in 15 minutes via 36 to Sealy! Great starter or project piece! This home is for RENT also!! Call today for a private showing!

Investor Tools

Property Icon
$257,000
Estimated Property Value
$208,998Estimated Mortgage Balance
$48,002Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,542 /month
Positive
Cash Flow Estimate:
$514 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$421/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,772
$171,542
2025
$47,295
$124,247
$171,542
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,772
$171,542

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$213,069
Yes
First
Apr 8, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$208,998
$6,002
2%
81%
$1,278/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: Wallis

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7505 Anita Ln | Property Details | No Agent List