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General Description

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LOCATION! LOCATION! LOCATION! This is an Amazing Piece of Real Estate with Unlimited Potential located in a vastly Growing Area of Waller County! The property offers 26.5+/- Acres right off of FM 1488 with over 931 ft. of frontage road. The land is currently AG EXEMPT and UNRESTRICTED and currently used for Hay production. With such a phenomenal location the opportunities are endless! Utilities are nearby & sellers have a bid for adding a well. Future road widening will make all land commercial. Uses of Land: Commercial, Residential & Mixed Use like, Apartments, office park, senior housing, mobile home parks are highly desirable, gas station, etc... With convenient access to 99, 290, HWY 6 & close to Magnolia.

MLS#:

72042585 (HAR)

Sold Price Range:

$947,001 - $1,082,000

Listing Status:

Sold

Address:

TBD FM 1488 Road

City:

Waller

State:

Zip Code:

77484

County:

Waller County

Subdivision:

N/A

Legal Description:

ABS A324200 A-242 JOHN REESE TRACT 46 ACRES 26.511

Property Type:

Country Homes/Acreage

Lot Size:

26.51 Acres /Survey

Land Use:

Cattle Ranch,Horse Farm,Horses Allowed,Leisure Ranch,Mobile Home Allowed,Other,Unrestricted

Road Frontage:

Farm to Market

Market Area:

Waller

Exterior Features

Private Pool:

Controlled Access:

Driveway Gate

Water Sewer:

No Sewer, No Water

Road Surface:

Asphalt

Tree Description:

Clusters

Additional Information

List Type:

Exclusive Right to Sell/Lease

Mineral Rights:

Buyer Agent Compensation*:

2.5%

Sub Agent Compensation*:

*Disclaimer: Listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Financial Information

Financing Considered:

Cash Sale, Conventional, Owner Financing

Other Fees:

Maintenance Fee:

Taxes w/o Exemp:

$99/2020

Tax Rate:

2.1322

Listing Broker:

Wendy Cline Properties Group

Property Tax

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Cost/sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$--	$698,930	53.06%	$1,770	18.79%
2022	$--	$456,630	-19.59%	$1,490	-43.35%
2021	$--	$567,890	0.00%	$2,630	-6.74%
2020	$--	$567,890	36.11%	$2,820	-8.14%
2019	$--	$417,230	44.00%	$3,070	-7.81%
2018	$--	$289,740		$3,330

2023 Waller County Appraisal District Tax Value

Market Land Value:	$698,930
Market Improvement Value:	$0
Total Market Value:	$698,930

waller County Appraisal District

2023 Tax Rates

WALLER-HARRIS ESD 200:	0.0863 %
WALLER COUNTY:	0.4987 %
WALLER COUNTY FM:	0.0243 %
WALLER ISD:	1.1092 %
Total Tax Rate:	1.7184 %

Estimated Mortgage/Tax

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$3,822 Monthly

Estimated Monthly Principal & Interest (Based on the calculation below)	$ 3,819
Estimated Monthly Property Tax (Based on Tax Assessment 2023)	$ 33
Home Owners Insurance	Get a Quote

List Price

Loan Term

Months

Years

Down Payment

Annual Interest Rate

Estimated Monthly Principal & Interest

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Subdivision Facts

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Facts (Based on Active listings)

Market Area Name:

Waller

Home For Sales:

466

Average List Price:

$468,459

Average Bedrooms:

3.40

Average Baths:

2.36

Average Square Ft.:

2,438

Average Price/Square Ft.:

$198.19

Home For Lease:

Average Lease :

$1,840

Average Lease/Square Ft.:

$1.29

Schools

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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

ASSIGNED SCHOOLS

Fields Store Elementary School Elementary . PK - 05 . WALLER ISD

Good |

Schultz Junior High School Middle . 06 - 08 . WALLER ISD

Good |

Waller High School High . 09 - 12 . WALLER ISD

Average |

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Property Map

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TBD FM 1488 Road, Waller, TX 77484 Directions

Nearby places and schools.

Street View Birds Eye View

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TBD FM 1488 Road Waller TX 77484 was recently sold. It is a 26.51 Acre(s) Lot, in N/A.

View all homes on FM 1488