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$372,000

NAL Estimated Property Value

12198 Mustang Avenue, Willis, TX, 77378

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,412 Sq Ft
price_per_sqft$142.62 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
AppliancesTrash Compactor, Microwave, Free-Standing Range, Dishwasher, Oven
FlooringTile, Wood

Exterior

Lot Size10,093 sqft

Building Information

Garage Spaces2

Land Information

APN9233-03-05400
Lot Number54
SubdivisionTexas National 03
Land UseVac Res Single Fam-In City, < 5 Acres
Legal DescriptionTEXAS NATIONAL 03, LOT 54
Census Tract694103
Assessed Land Value$45,419
Assessment Year2025

Investor Tools

Property Icon
$372,000
Estimated Property Value
$279,358Estimated Mortgage Balance
$92,642Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,232 /month
Positive
Cash Flow Estimate:
$744 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$201/month
$175/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$557
$45,419
2025
$45,419
N/A
$45,419
No

Tax History

Year
Tax Paid
Assessed Value
2024
$557
$45,419

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Direct Mortgage Loans Llc
Conventional
$284,800
No
First
Apr 30, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$279,358
$92,642
24%
75%
$1,708/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.

Explore Texas Explore This Area
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: Willis

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