$429,254
NAL Estimated Property Value11395 Fm 2432 Road, Willis, TX, 77378
Off Market
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesENERGY STAR Qualified Appliances
Exterior
Lot Size3.76 acres
Building Information
Year Built2024
Garage Spaces2
Land Information
APN0285-00-00698
SubdivisionHobday Wm
Land UseResidential
Legal DescriptionA0285 - HOBDAY WM, ACRES 3.76
Assessed Land Value$188,000
Assessed Improvement Value$241,254
Assessment Year2025
About this property
2500 ft Warehouse and extra storage building located on one of 3+ acres in Willis off FM 2432 . Can be income producing property plenty of room to build on the remainging 2 acres ..Newly built warehouse 2025! Land Lease also available. Partially Fenced! Warehouse has full conference room, three offices and two separate bay storages. Bathrooom and full kitchen! Call agent for land survey . New survey negotiable..
Investor Tools
$429,254
Estimated Property Value
$389,365Estimated Mortgage Balance
$39,889Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,000 /month
Positive
Cash Flow Estimate:
$3,000 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$427/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,982
$429,254
2025
$188,000
$241,254
$429,254
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,982
$429,254
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zb Na
Commercial
$401,940
No
First
Aug 16, 2024
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$389,365
$39,889
9%
91%
$2,410/mo
