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$108,000

NAL Estimated Property Value

1154 Tawakoni Rd, Wills Point, TX, 75169

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.37 acres

Land Information

APN00.3325.0002.0002.00.99.00
Lot Number2
SubdivisionShadow Lakes Ph 1
Land UseResidential
Legal DescriptionSHADOW LAKES PH 1, BLOCK 2, LOT 2
Census Tract050602
Assessed Land Value$89,516
Assessment Year2025

About this property

Your dream lot just became a reality. Just 35 minutes from Dallas you'll find this beautiful, treed, 1.37 acre lot in an established neighborhood. Escape the hectic city life, but still enjoy a sense of community in this super desirable location. This community offers a 200 acre community park which includes 2 private fishing lakes, jogging and nature trails, playgrounds!! Build your dream home on this wonderful lot and still have plenty of room to roam! Easy access to I-20 for a quick commute. Go see this property before it's gone!

Investor Tools

Property Icon
$108,000
Estimated Property Value
$64,479Estimated Mortgage Balance
$43,521Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$648 /month
Positive
Cash Flow Estimate:
$216 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$138/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,118
$89,516
2025
$89,516
N/A
$89,516
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,118
$89,516

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stellar Bank
Purchase Money Mortgage
$68,000
No
First
Jul 28, 2023
Jul 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$64,479
$43,521
40%
60%
$408/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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1154 Tawakoni Rd | Property Details | No Agent List