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$410,000

NAL Estimated Property Value

1141 Vz County Road 3214, Wills Point, TX, 75169

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,394 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.87 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesElectric Range, Electric Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size5.12 acres

Building Information

Year Built1973
Stories1
Garage Spaces5

Land Information

APN026.0564.0180.0000.0000
Land UseResidential
Legal DescriptionACRES: 5.120 ABST: 564 SUR: J MOORE
Census Tract950300
Assessed Land Value$111,060
Assessed Improvement Value$214,070
Assessment Year2025

About this property

Peace and privacy abounds in this absolutely charming east facing country home on 5 acres of beautiful pasture land, with majestic oaks dotting the landscape. This solidly built and lovingly cared for one-owner home boasts an oversized living room with wood burning fireplace, huge eat-in kitchen, very generous bedrooms, each with roomy walk-in closets and large utility with an exterior door and plenty of room for an extra fridge or freezer! The relaxing south facing covered porch welcomes guests to the side entry of the home. The 28' garage parking space has a bonus workshop area with additional square footage! Additional covered parking for boat or RV, 30' pole barn with attached storage! Fully fenced!

Investor Tools

Property Icon
$410,000
Estimated Property Value
$204,687Estimated Mortgage Balance
$205,313Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,460 /month
Positive
Cash Flow Estimate:
$820 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$371/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,402
$325,130
2025
$111,060
$214,070
$325,130
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,402
$325,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Shirley Valentine
Open End Mortgage / Open End With Future Advance Clause
$225,000
No
First
Aug 5, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,687
$205,313
50%
50%
$1,349/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.

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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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1141 Vz County Road 3214 | Property Details | No Agent List