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Waller 77484
15103 Mathis
$225,000 Last Listed Price
● Land - Off Market

15103 Mathis

Waller, TX 77484
bedrooms
Studio
bathrooms
0 Bath
$234,009
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Unrestricted 2.096+/- Acres with 175 feet of road frontage on Mathis Rd. Residential and or commercial use is allowed. No Mud Tax or HOA dues, & No flood plain. Waller county has approved plat exemption. Sellers have new survey. Driveway culverts installed by Waller County.  Buyer and or agents should independently verify all development / building permits required.
Unit Size
-
Days on Market
-
Land Size
2.10 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (HAR #64546298)

Price History

Date / Event Date Event Price
Sep 30, 2022 Sold
Premium
Sold
May 27, 2022 Listed by Frank Andrew Lenk III $225,000
Listed by Frank Andrew Lenk III
Unrestricted 2.096+/- Acres with 175 feet of road frontage on Mathis Rd. Residential and or commercial use is allowed. No Mud Tax or HOA dues, & No flood plain. Waller county has approved plat exemption. Sellers have new survey. Driveway culverts installed by Waller County. Buyer and or agents should independently verify all development / building permits required.

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 91,302
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: A-324 J C RALSTON
  • Land Acres: 0000002096
  • Standard Land Use Code: 1008
  • County Land Use Code: E
  • State Land Use Code: E
  • Legal Description 1: ABS A332400 A-324 J C RALSTON TRACT 9-4 ACRES 2.096

Neighborhood

  • School District Name: Waller Independent School District
  • Census Tract: 680302

Geography

  • Subdivision Tract Number: 9-4
  • Parcel: 266913
  • Municipality: WALLER
  • Latitude: 29.9886
  • Longitude: -95.9095

    Address

  • Full Address: 15103 Mathis Rd
  • Address - House Number: 15103
  • Address - Street Name: Mathis
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Waller
  • Carrier Code: R001
  • 4-Digit Zip Code: 4947
  • Zip Code: 77484

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $331,368

    Appraisal Valuation

  • Standard Deviation: 0.2057
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 231,091
  • High Value: 278,649
  • Low Value: 183,533

    Market Valuation

  • Market Total Value: $192,830
  • Market Land Value: $192,830

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $192,830
  • Assessed Land Value: $192,830
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Waller

Stats & Trends

Median Asking:

$354,990

Sale Price/ft²

$173

Below Asking

0.01%

Average Days on Market

68

Average Home Size

2469 ft²

Average Home Age

6.6 years

Currently For Sale

1062 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 15575 Kitty Hawk Drive, Waller, TX, 77484

$2,250 /mo

  • 3 Beds
  • 2 Baths
  • 1,910 ft²
15575 Kitty Hawk Drive, Waller, TX, 77484 Listing by Jeremy Larkin
Unit for rent at 31954 Rochen Rd Waller Tx 77484, TX, 77474

$1,300 /mo

  • Studio
31954 Rochen Rd Waller Tx 77484, TX, 77474 Listing by Roxanna Saldana

Rentals Near You

Click here to view more rentals in the neighborhood.
HAR

Listed by: Frank Lenk, Frank Andrew Lenk III
Last Updated: 4 months ago
Data Source: HAR , MLS# 64546298
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Frequently Asked Questions

When was property at 15103 Mathis Road built and last sold?
The property at 15103 Mathis Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 15103 Mathis Road is $227,250.
What are some comparable homes to 15103 Mathis Road?
There are currently no comparable homes to 15103 Mathis Road.
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