$716,000
NAL Estimated Property Value9408 Johnson Rd, Wallis, TX, 77485
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile
Exterior
Lot Size35,000 sqft
Building Information
Year Built1965
Stories1
Roof Type105
Garage Spaces4
Land Information
APN0012-13-004-2200-903
SubdivisionGail Borden
Land UseResidential
Legal Description0012 GAIL BORDEN, ACRES 0.8035, SEC 13
Census Tract675800
Assessed Land Value$27,073
Assessed Improvement Value$209,601
Assessment Year2025
About this property
Prime Approx. 17 Acres in the Highly Desired Area of Wallis/Orchard. *** 0.71 is just the Lot for the Home *** Property includes a cozy 3 bed/2 bath home, a Barn, and a Covered Parking area. This property has Zero Restrictions, and is a Developers DREAM! There is Water and Electric througout. ALL ROOM Measurements to be verified by Buyer. Prized Property in the Family for Years and just Waiting for you! ***Currently Being Leased So Please Call for an Assisted Showing of Interior of Home and other Buildings on Property**** Please Give a 2 HOUR NOTICE
Investor Tools
$716,000
Estimated Property Value
$0Estimated Mortgage Balance
$716,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,296 /month
Positive
Cash Flow Estimate:
$1,432 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$401/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,235
$236,674
2025
$27,073
$209,601
$236,674
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,235
$236,674
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$421,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
2.9%
