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$721,000

NAL Estimated Property Value

1288 Shadow Lakes Drive, Wills Point, TX, 75169

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,236 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$208.56 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Cooktop, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size1.45 acres

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces3

Land Information

APN00.3325.0006.0005.00.99.00
Lot Number5
SubdivisionShadow Lakes Ph 1
Land UseResidential
Legal DescriptionSHADOW LAKES PH 1, BLOCK 6, LOT 5
Census Tract050602
Assessed Land Value$92,848
Assessed Improvement Value$570,146
Assessment Year2025

About this property

Exquisite NEXXUS CUSTOM! White brick with black accented roof and trim! Concrete paver walkway! Modern iron entry door with frosted glass panes! The floor plan is open and features cathedral ceilings in the entry and living room with cedar beams! Floor plan features include study with French doors and closet, large formal dining room, living room with corner fireplace, split bedrooms, J&J bath, utility room with sink, cabinets, and freezer space, and mud lockers! The kitchen has a granite waterfall island, double oven, and huge walk in pantry! The master retreat has a gorgeous bath with walk in shower and huge closet with island! Nail down hardwoods, piers, and foam insulation are also included!

Investor Tools

Property Icon
$721,000
Estimated Property Value
$497,671Estimated Mortgage Balance
$223,329Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,326 /month
Positive
Cash Flow Estimate:
$1,442 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$939/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,658
$662,994
2025
$92,848
$570,146
$662,994
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,658
$662,994

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$539,920
No
First
Mar 10, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$497,671
$223,329
30%
69%
$3,238/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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1288 Shadow Lakes Drive | Property Details | No Agent List