5523 Ehrman Lake Ln Wallis, TX 77485
Estimated payment $94,855/month
About This Lot
This turnkey ranch presents an opportunity to own nearly 200 acres with almost a mile of SH-60 frontage & less than an hour commute from Houston. With river and lakeside frontage, it is rich in recreational, hunting, and fishing opportunities. The meticulously maintained driveway is lined with oak trees & leads to an Airbnb/VRBO income-producing residence on a large private lake. The home features ranch-style decor, 4 bedrooms, 2 bathrooms. Nearby, a 3 bedroom guest house offers additional accommodations. Guests enjoy exclusive beach access and various outdoor amenities. It is secured by double automatic iron gates and includes a caretaker's 4 bedroom residence; a 2 bedroom barndo w/workshop and flex space; partially high fenced with exotics. An 850-foot deep, 12" 3 stage commercial-grade water well supports irrigation & lake maintenance. Potential as a primary residence, company retreat, or commercial ventures like storage units/RV park. Offered below current appraisal.
Property Details
Property Type
- Land
Est. Annual Taxes
- $9,434
Year Built
- Built in 1963
Lot Details
- 200 Acre Lot
Home Design
- 2,560 Sq Ft Home
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Listing and Financial Details
- Assessor Parcel Number R000017676
- Seller Concessions Offered
Map
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 |
|---|---|---|---|---|
| 2024 | $10,823 | $695,705 | $0 | $0 |
| 2023 | $9,929 | $634,581 | $0 | $0 |
| 2022 | $9,836 | $0 | $0 | $0 |
| 2021 | $7,741 | $1,187,322 | $817,361 | $369,961 |
| 2020 | $7,591 | $1,187,322 | $817,361 | $369,961 |
| 2019 | $8,253 | $1,179,993 | $817,313 | $362,680 |
| 2018 | $8,256 | $1,179,993 | $817,313 | $362,680 |
| 2017 | $8,574 | $1,179,993 | $817,313 | $362,680 |
| 2016 | $7,921 | $843,648 | $504,092 | $339,556 |
| 2015 | -- | $843,648 | $504,092 | $339,556 |
| 2014 | -- | $847,558 | $504,092 | $343,466 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/22/2025 01/22/25 | For Sale | $24,999,999 | +47.1% | $9,301 / Sq Ft |
| 10/09/2024 10/09/24 | For Sale | $17,000,000 | -- | $6,641 / Sq Ft |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $251,800 | New Conventional |
Source: San Antonio Board of REALTORS®
MLS Number: 1814870
APN: R000017676
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