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$338,220

116 Mills Dr, Anna, TX, 75409

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,835 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.2 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size10,967 sqft

Building Information

Year Built2020
Stories1
Garage Spaces2

Land Information

APNR-11312-00M-0080-1
Lot Number8
SubdivisionAvery Pointe Phase 3 (Can)
Land UseResidential
Legal DescriptionAVERY POINTE PHASE 3 (CAN), BLK M, LOT 8
Census Tract030204
Assessed Land Value$84,000
Assessed Improvement Value$254,220
Assessment Year2025

About this property

This one story home has it all...THIS 2020 HOME COMES FULLY FURNISHED available for SHORT TERM rental 6mos+ located on a corner lot with tons of green space for the kids to play. It is wonderfully decorated with shiplap in primary bedroom, primary bathroom and remote electric fireplace in living area. The open concept is perfect for entertaining and ease of family gatherings. Brand new carpet in all bedrooms and luxury vinyl plank flooring throughout. 4 bedrooms and 2 full baths with extended covered patio and pergola. Located close to interstate 75, shopping, dining and schools

Investor Tools

Property Icon
$338,220
Estimated Property Value
$249,000Estimated Mortgage Balance
$97,395Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,029 /month
Positive
Cash Flow Estimate:
$676 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$586/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,335
$338,220
2025
$84,000
$254,220
$338,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,335
$338,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homexpress Mortgage Corp
Conventional
$249,000
No
First
Jul 3, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$240,825
$97,395
28%
71%
$1,493/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,680/mo
$1,493/mo
+$2,187/mo
13.1%

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: Anna

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116 Mills Dr | Property Details | No Agent List