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$89,900

1622 W Milam St, Wharton, TX, 77488

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths856 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$105.02 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesDisposal, Freestanding Oven, Gas Oven, Microwave, Free-Standing Range, Gas Range

Exterior

Lot Size4,626 sqft

Building Information

Year Built1940

Land Information

APN25796
Lot Number15
SubdivisionWest Milam
Land UseResidential
Legal DescriptionWEST MILAM BLOCK B LOT 15
Census Tract740300
Assessed Land Value$9,391
Assessed Improvement Value$87,661
Assessment Year2025

About this property

Discover this charming and affordable home in Wharton, renovated and ready for your personal touch! With its prime location across from the park, this property is perfect for comfortable living and an excellent investment opportunity. It offers two cozy bedrooms, a spacious combined living and dining area, and a generous utility room with a walk-in pantry. Enjoy the outdoors from both the inviting front porch and the tranquil back porch. Embrace the true essence of country living, all while being just 10 minutes from Rosenberg!

Investor Tools

$59,918Estimated Mortgage Balance
$47,082Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$642 /month
Positive
Cash Flow Estimate:
$214 /month

Interested in this property?

Shadrick Bogany

Better Homes and Gardens Real Estate Gary Greene - Woodway

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$212/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,014
$97,052
2025
$9,391
$87,661
$97,052
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,014
$97,052

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bayer Heritage Fcu
Conventional
$68,000
No
First
Aug 28, 2020
Sep 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$59,918
$47,082
44%
56%
$408/mo

City: Wharton

1622 W Milam St | Property Details | No Agent List