$175,000 Price Analysis   ♡   Wharton, TX 77488 1 bed 1 bath 1,144 SqFt ($152/SqFt) 7,610SqFt lot. Built 1950 Listed 2023-12-07, Taxes $2,555 | ✓ USDA Eligible near Wharton, TX |
Introducing a fantastic investment opportunity in Wharton
Texas! DUPLEX. This multi-family property, located at 422 W Burleson, is perfect for savvy investors looking to expand their portfolio. 1 bedroom, 1 bath unit each unit. Situated in a prime location, this property is not in a flood zone, giving investors peace of mind. Additionally, this property is currently 100% rented, providing immediate cash flow and a hassle-free investment.
But it's not the property itself that makes this a tremendous opportunity. Within walking distance, residents can enjoy the lush greenery and recreational activities at Wharton City Park. When it comes to dining and entertainment, this city has plenty to offer. Local favorites like 9er's Grill and Sorella's Italian Food are a stone's throw away, providing residents with a variety of culinary xperiences. This property also features room to expand for more duplexes. Don't Delay.
Presented by Stacie Reitz at
Exp Realty LLC.
Property MLS #27052491 from Houston
Full Bathrooms: 1
Refridgerator: Y
Heating Features: Central Electric, Wall Heater
Lot Size Acres: 0.1747016
Lot Size Source: Appraisal District
Lot Size Square Feet: 7610
Calculated Total Monthly Association Fees: 0
High School: WHARTON HIGH SCHOOL
Middle School: WHARTON JUNIOR HIGH
School District: 180 - Wharton
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: Wharton
Directions: 5 minute drive from HWY 59, Coming into Wharton on Richmond take a left on West Burleson and property sits off the street to right hand side.
Tax Year: 2022
Source Property Type: Multi-Family
Area: 55
Source Neighborhood: Gallaher
Parcel Number: R15513
Postal Code Plus 4: 5410
Subdivision: Gallaher
Property Subtype: Duplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $97,266 + $11,418 $108,684 | $2,555 |
| 2021 | $75,578 + $2,284 $77,862 | $1,894 |
| 2020 | $75,578 + $2,284 $77,862 | $1,916 |
| 2019 | $75,578 + $2,284 $77,862 | $1,934 |
| 2018 | $61,697 + $2,284 $63,981 | $1,518 |
| 2017 | $61,697 + $2,284 $63,981 | $1,510 |
| 2016 | $58,031 + $2,284 $60,315 | $1,424 |
| 2015 | $58,179 + $2,284 $60,463 | $1,425 |
| 2014 | $58,179 + $2,284 $60,463 | $1,398 |
| 2013 | $48,037 + $2,284 $50,321 | $1,199 |
| 2012 | $47,099 + $2,284 $49,383 | $1,194 |
| 2011 | $47,099 + $2,284 $49,383 | $1,238 |
| 2009 | $8,984 + $1,142 $10,126 | $252 |
| 2008 | $8,980 + $1,140 $10,120 | $230 |
$175,000
Houston
Listing removed 2023-03-02
$800
Houston
Listed for rent 2023-01-19
$800
Houston
Listing removed 2023-01-09
$700
Houston
Listed for rent 2022-12-07
$700
Houston
Listing removed 2022-09-02
$750
Houston
Listing removed 2022-07-22
$750
Houston
Listed for rent 2022-06-14
$750
Houston
Listing removed 2021-02-13
$650
Houston
Listing removed 2020-05-04
$650
Houston
Listed for rent 2020-03-05
$750
Houston
Listing removed 2019-06-06
$750
Houston
Listed for rent 2019-05-28
$750
Houston
Listing removed 2019-01-22
$750
Houston
Listing removed 2018-09-04
$750
Houston
Listed for rent 2018-08-09
$750
Houston
Listing removed 2017-10-01
$750
Houston
Listed for rent 2017-08-29
$750
Houston
Sold 2013-03-15
$0
Houston
Listed 2013-01-14
$79,900
Houston
Year Built: 1950
Levels: 2
Living Area Source: Appraisal District
Property Age: 74
Roof: Composition
Levels or Stories: 2
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.