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Wharton 77488
2217 County Road 448 Road
$49,500 Last Listed Price
● Land - Off Market

2217 County Road 448 Road

Wharton, TX 77488
bedrooms
Studio
bathrooms
0 Bath
$50,178
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Residential or commercial opportunity awaits! One acre tract in growing city of Wharton just off Hwy 59/I69. Unrestricted land, clusters of trees and endless possibilities.  Great for Mobile homes or shop buildings - both are allowed. Great location for home business...laydown yard, landscaping, salvage yard, trailer park or RV storage just to name a few...You get to choose! Septic, well and propane on property. Conditions are not known. Selling as-is  Improvements include: removing old outbuildings, trimming trees, and clearing. Make your appointment and check out what this lovely piece of country has to offer!
Unit Size
-
Days on Market
-
Land Size
1.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$33
HOA Dues
-
Year Built
1935

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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: 5 months ago (HAR #98154113)

Price History

Date / Event Date Event Price
Apr 1, 2022 Sold
Premium
Sold
Nov 23, 2021 Listed by RE/MAX TRADITIONS $49,500
Listed by RE/MAX TRADITIONS

Property Highlights

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 228
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,746
  • Gross Building Area: 1,746
  • Building Area: 1,746
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,746
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HENRY GRIFFITH LEAGUE
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: A20025 ABST.25 TRACT 8D, TIMBER LOTS

Neighborhood

  • School District Name: Wharton Independent School District
  • School Tax School District: F01 P03 N01
  • Census Tract: 740400

Geography

  • Account Number: 2002500010000
  • Subdivision Tract Number: 8D
  • Parcel: R029705
  • Municipality: WHARTON
  • Latitude: 29.2767
  • Longitude: -96.1376

    Address

  • Full Address: 2217 County Road 448 Rd
  • Address - House Number: 2217
  • Address - Street Name: County Road 448
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Wharton
  • Carrier Code: R001
  • 4-Digit Zip Code: 5796
  • Zip Code: 77488

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $40,291
  • Tax Rate Code Area: S07 H01 J0

    Appraisal Valuation

  • Standard Deviation: 0.2303
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 68
  • Final Value: 46,929
  • High Value: 57,739
  • Low Value: 36,118

    Market Valuation

  • Market Total Value: $21,526
  • Market Land Value: $10,350
  • Market Improvement Value: $11,176

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,526
  • Assessed Land Value: $10,350
  • Assessed Improvements Value: $11,176

    Sales

  • Current Sale Contract Date: Mar 22, 2022
  • Current Sale Recording Date: Mar 28, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1924
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 Wharton

Stats & Trends

Median Asking:

$230,000

Sale Price/ft²

$135

Below Asking

0.03%

Average Days on Market

75

Average Home Size

2000 ft²

Average Home Age

53.7 years

Currently For Sale

155 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

Rentals Near You

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HAR

Listed by: Angie Middlebrooks, RE/MAX TRADITIONS
Last Updated: 5 months ago
Data Source: HAR , MLS# 98154113
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 2217 County Rd 448th Road built and last sold?
The property at 2217 County Rd 448th Road was built in 1935 and last sold on Mar 22, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 2217 County Rd 448th Road is $49,995.
What are some comparable homes to 2217 County Rd 448th Road?
There are currently no comparable homes to 2217 County Rd 448th Road.
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