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$364,000

10069 Torama, Wills Point, TX, 75169

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,645 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$66.87 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater
FlooringCarpet, Laminate

Exterior

Lot Size10,001 sqft

Building Information

Year Built1988
Stories2
Roof Type127

Land Information

APN4446-0090-0230-56
Lot Number23-24
SubdivisionPanorama Estates Addition # 2
Land UseResidential
Legal DescriptionS4446 PANORAMA ESTATES ADDITION # 2 BLK 9 LOT 23-24 ACRES .2296
Census Tract961700
Assessed Land Value$31,400
Assessed Improvement Value$132,030
Assessment Year2025

About this property

3 bed 2 bath Cute A frame home , HOME SITS ON 2 LOTS WHICH IS 100x99x100. EXTRA LARGE AREA, WATER ACCESS FOR ALL RESIDENTS, priced for home needing updates and repairs, become part of the revitilazition for this area. Seller has no survey, Seller will do no repairs. there is no seller disclosure, SELLER HAS PREFERED TITLE COMPANY WHO HAS OPEN FILE ALREADY COMPLETE FOR QUICK CLOSING, SELLER SAYS BRING OFFERS, THEY ARE READY TO CLOSE THIS YEAR. BUYER BACKED OUT AT LAST MINUTE.

Investor Tools

Property Icon
$364,000
Estimated Property Value
$99,300Estimated Mortgage Balance
$265,420Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,184 /month
Positive
Cash Flow Estimate:
$728 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$293/month
$235/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,696
$163,430
2025
$31,400
$132,030
$163,430
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,696
$163,430

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The American National Bank Of Texas
Credit Line (Revolving) / Heloc
$99,300
No
First
Dec 5, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$98,580
$265,420
72%
27%
$596/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Wills Point

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10069 Torama | Property Details | No Agent List