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$537,480

NAL Estimated Property Value

1011 Shadow Lakes Dr, Wills Point, TX, 75169

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size14.93 acres

Land Information

APN00.3325.0010.0035.00.99.00
Lot Number35
SubdivisionShadow Lakes Ph 1
Land UseAgriculture / Farming
Legal DescriptionSHADOW LAKES PH 1, BLOCK 10, LOT 35
Census Tract050602
Assessed Land Value$650,351
Assessment Year2025

About this property

1431 feet of frontage along Interstate 20 access road. Wills Point is a an east Dallas sub-market, 45-minutes east of Dallas in I-20. Zoned Commercial, Perfectly suited for retail, restaurant, neighborhood services, office, flex, retail, or residential. Located outside ETJ. This 14.93 acre tract is perfectly perched on the access road, near a west bound on-ramp to I-20 heading into Dallas. The parcel is adjacent to the highly sought after Shadow Lakes community. Residents in this area enjoy this desirable location because of the wide open spaces and mature trees, oversized lots with acreage, and beautifully designed large custom homes, as well as high-ranking public school systems. Highly visible, excellent frontage, Affluent demographic central location between Dallas and Tyler. Strong East Dallas Submarket. Along major Interstate Highway. Desirable and growing community in need of retail center, grocery store, neighborhood services, retail, restaurants, medical, etc.

Investor Tools

Property Icon
$537,480
Estimated Property Value
$0Estimated Mortgage Balance
$537,480Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,500 /month
Positive
Cash Flow Estimate:
$3,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$690/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,594
$537,480
2025
$650,351
N/A
$650,351
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,594
$537,480

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$537,480
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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.

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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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1011 Shadow Lakes Dr | Property Details | No Agent List