318 Elm St Waller, TX 77484
Estimated payment $1,933/month
Total Views
12,845
5
Beds
3
Baths
2,247
Sq Ft
$120
Price per Sq Ft
Highlights
- Deck
- Home Office
- Cul-De-Sac
- Traditional Architecture
- Covered Patio or Porch
- 2 Car Attached Garage
About This Home
Prime Investment Opportunity – Walk to Prairie View A&M
This turnkey two-story home on Elm Street in the Alta subdivision is a high-yield rental opportunity just steps from Prairie View A&M University. With 5 bedrooms and 3 full bathrooms, it’s ideal for pad-splits, student housing, or long-term rentals. The open floor plan, high ceilings, and modern finishes create a bright, comfortable living space. The kitchen features stainless steel appliances, white cabinetry, and a custom backsplash, flowing into a spacious family room—perfect for co-living. Downstairs includes a primary suite and a second bedroom with full bath—great for flexible tenant setups. Upstairs offers 3 additional bedrooms and a shared bath, optimizing per-room income. A fully fenced, nearly quarter-acre lot provides privacy and expansion potential. Whether you’re looking to cash flow fast or add a valuable asset near a major university, this property is ready to
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,535
Year Built
- Built in 1999
Lot Details
- 0.27 Acre Lot
- Cul-De-Sac
- Back Yard Fenced
Parking
- 2 Car Attached Garage
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 2,247 Sq Ft Home
- 2-Story Property
- Living Room
- Home Office
- Gas Range
- Washer and Electric Dryer Hookup
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Deck
- Covered Patio or Porch
Schools
- H T Jones Elementary School
- Schultz Junior High School
- Waller High School
Utilities
- Cooling System Powered By Gas
- Central Heating and Cooling System
- Heating System Uses Gas
Community Details
- Alta Vista Subdivision
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $2,858 | $287,500 | $60,370 | $227,130 |
| 2022 | $2,772 | $198,620 | $51,000 | $147,620 |
| 2021 | $3,802 | $135,120 | $51,000 | $84,120 |
| 2020 | $4,732 | $165,310 | $38,250 | $127,060 |
| 2019 | $4,403 | $148,910 | $21,000 | $127,910 |
| 2018 | $4,081 | $141,340 | $13,430 | $127,910 |
| 2017 | $3,965 | $137,990 | $13,430 | $124,560 |
| 2016 | $3,605 | $126,900 | $9,000 | $117,900 |
| 2015 | $1,573 | $112,860 | $9,000 | $103,860 |
| 2014 | $1,573 | $107,900 | $9,000 | $98,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2025 08/18/25 | For Sale | $270,000 | 0.0% | $120 / Sq Ft |
| 08/10/2025 08/10/25 | Pending | -- | -- | -- |
| 04/26/2025 04/26/25 | For Sale | $270,000 | +35.0% | $120 / Sq Ft |
| 02/04/2022 02/04/22 | Sold | -- | -- | -- |
| 01/05/2022 01/05/22 | Pending | -- | -- | -- |
| 11/17/2021 11/17/21 | For Sale | $200,000 | -- | $93 / Sq Ft |
Source: Houston Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | Texas Secure Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $165,000 | Reverse Mortgage Home Equity Conversion Mortgage |
Source: Public Records
Similar Homes in the area
Source: Houston Association of REALTORS®
MLS Number: 81349393
APN: 14019
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