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Days35Days on Market
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$5,000

10973 Longstreet Rd, Willis, TX, 77318

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,144 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$4.37 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

BankruptcyAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
AppliancesElectric Oven, Electric Cooktop
FlooringWood

Exterior

Lot Size6.07 acres

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces1

Land Information

APN0026-00-06300
SubdivisionMartin Neal
Land UseResidential
Legal DescriptionA0026 - MARTIN NEAL, TRACT 63, ACRES 6.07
Census Tract694203
Assessed Land Value$212,450
Assessed Improvement Value$27,550
Assessment Year2025

About this property

Discover the flexibility offered by 6.07 unrestricted acres in the growing Willis area. This property features a 2-bedroom home that can function as a residence, office, or live/work setup, providing versatility for both personal and business use. Additional improvements include a shop, storage shed, and full fencing, creating an ideal environment for contractors, service-based businesses, equipment storage, small business operations, or those seeking a combination of workspace and residential accommodations. The acreage offers ample room for parking, storage, expansion, or future improvements. Conveniently located just minutes from I-45, the Lake Conroe corridor, shopping, dining, and major employment centers, the property benefits from excellent accessibility within one of North Montgomery County's fastest-growing markets. With no known restrictions and a highly adaptable layout, this property presents a unique opportunity for anyone seeking a flexible live/work environment.

Investor Tools

Property Icon
$240,000
Estimated Property Value
$450,000Estimated Mortgage Balance
$0Estimated Equity
-87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

Interested in this property?

Adam Olsen

eXp Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$434/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,011
$240,000
2025
$212,450
$27,550
$240,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,011
$240,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Class Rentals Llc
Purchase Money Mortgage
$450,000
No
First
Feb 27, 2026
Mar 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$447,394
N/A
0%
186%
$2,698/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: Willis

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10973 Longstreet Rd | Property Details | No Agent List