$372,000
NAL Estimated Property Value12198 Mustang Avenue, Willis, TX, 77378
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
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
$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
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
