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$98,000

NAL Estimated Property Value

1187 Eagle Lake Drive, Wills Point, TX, 75169

SoldInfo
7/07/26
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.28 acres

Land Information

APN00.3325.0002.0018.00.99.00
Lot Number18
SubdivisionShadow Lakes Ph 1
Land UseResidential
Legal DescriptionSHADOW LAKES PH 1, BLOCK 2, LOT 18
Census Tract050602
Assessed Land Value$86,981
Assessment Year2025

About this property

1.28 Acre lot in desired Shadow Lakes!! Build your custom home or investment property or just to hold. This great lot has plenty of open space plus mature trees!! Live a nice quiet country living near Dallas !! Enjoy walking, hiking or the community pool, party pavilion, playground and so much more!! This lot is just the right of 20, close to Down Town Dallas, shopping and fine dining. Make this lot yours today!!

Investor Tools

Property Icon
$98,000
Estimated Property Value
$63,923Estimated Mortgage Balance
$34,077Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$594 /month
Positive
Cash Flow Estimate:
$198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$131/month
$900/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,086
$86,981
2025
$86,981
N/A
$86,981
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,086
$86,981

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Deena M Mitchell
Seller Carryback / Seller Financing / Seller Take-Back
$70,000
No
First
Dec 3, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$63,923
$34,077
34%
65%
$420/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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1187 Eagle Lake Drive | Property Details | No Agent List