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    Tbd Hwy 36 Hwy Wallis, TX 77485

    • Land
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Tbd Hwy 36 Hwy

    Lot size
    1.00 lot acres
    Property type
    Land

    Description

    This exceptional one-acre commercial land parcel is strategically located on Highway 36, just outside the Wallis city limits in Austin County, Texas. Priced at $112,000, this property presents a unique opportunity for investors and developers. The lot is conveniently situated between 12543 and 12641 Highway 36, offering excellent visibility and accessibility. Currently used for cattle grazing and benefiting from agricultural property tax valuation, the land is fenced on three sides. Potential buyers should note that the property requires the installation of a culvert and driveway, as per Texas Department of Transportation (TXDOT) regulations. A survey will also be necessary for the buyer. Access to the property is possible by crossing the adjacent ditch. The property's APN is R000011973, and its zip code is 77485. This location offers significant potential for various commercial ventures, given its high-traffic highway frontage. The property's size and location make it an attractive investment opportunity in a growing area. Serious inquiries are encouraged to explore the possibilities of this versatile commercial land.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wallis
    County
    Austin
    State
    Texas
    Longitude
    -96.0302
    Latitude
    29.6192

    Comparable in this City

    • Value Estimation by Request
      1.45 Acres

      5815 Commerce St

      Land • 1.45 Acres
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      0.39 Acres

      6014 Gresham St

      COMMERCIAL (GENERAL) • 0.39 Acres
      6014 Gresham St, Wallis, TX 77485
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    • Value Estimation by Request
      2,139 SF

      6407 Commerce St

      COMMERCIAL (GENERAL) • 2,139 SF
      6407 Commerce St, Wallis, TX 77485
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    • Value Estimation by Request
      1,500 SF

      6315 Commerce St

      COMMERCIAL (GENERAL) • 1,500 SF
      6315 Commerce St, Wallis, TX 77485
      View Details
    • Value Estimation by Request
      2,646 SF

      6317 Commerce St

      COMMERCIAL (GENERAL) • 2,646 SF
      6317 Commerce St, Wallis, TX 77485
      View Details
    • Value Estimation by Request
      6,882 SF

      6403 Commerce St

      COMMERCIAL (GENERAL) • 6,882 SF
      6403 Commerce St, Wallis, TX 77485
      View Details

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    Tbd Hwy 36 Hwy
    Wallis, TX 77485
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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