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$437,000

NAL Estimated Property Value

12648 Pegasus Drive Drive, Willis, TX, 77318

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,670 Sq Ft
price_per_sqft$168.54 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Cooktop
FlooringCarpet, Tile, Wood

Exterior

Lot Size13,090 sqft

Building Information

Year Built1996
Stories2
Roof Type105
Garage Spaces2

Land Information

APN8090-03-02200
Lot Number22
SubdivisionPoint Aquarius 03
Land UseResidential
Legal DescriptionPOINT AQUARIUS 03, BLOCK 1, LOT 22
Census Tract694210
Assessed Land Value$85,085
Assessed Improvement Value$309,335
Assessment Year2025

About this property

Charming Victorian with a water view on a spacious lot & a half in gated lake community! Lots of character & updates!! Open living area w vaulted ceilings & gas fireplace. Kitchen boasts granite counters w extra cabinets for additional storage. 5 burner gas stove in island. Spacious bedrooms, remodeled secondary bathrooms & powder bath w fun tile on floor. Plantation shutters added downstairs. Windows above front door replaced. Engineered hardwoods & carpet replaced, 2015. Roof approx 5 years old. Sprinkler system front & back. Beautiful landscaping w approx 450 ft of front porches; Exterior columns replaced. Front porch swing conveys w sale. Sheetrocked detached 2 car garage. Two community pools, tennis courts, boat launch access, 24 hr manned gate. Don't miss this beautiful home! Call today to schedule a private tour!

Investor Tools

Property Icon
$437,000
Estimated Property Value
$347,623Estimated Mortgage Balance
$89,377Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$512/month
$1,020/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,963
$394,420
2025
$85,085
$309,335
$394,420
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,963
$394,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$360,000
No
First
Jun 27, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$347,623
$89,377
20%
80%
$2,159/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: Willis

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