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$204,000

NAL Estimated Property Value

12978 Sorrento Bay Dr, Willis, TX, 77318

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,188 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$183.08 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size5,549 sqft

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces2

Land Information

APN8883-02-01100
Lot Number11
SubdivisionSorrento Bay 02
Land UseResidential
Legal DescriptionS888302 - SORRENTO BAY 02, BLOCK 1, LOT 11
Census Tract694204
Assessed Land Value$42,500
Assessed Improvement Value$143,584
Assessment Year2025

About this property

Sweet, Quant and impeccably clean! This 3 bedroom, 2 bath home is ideally situated in Sorento Bay and is only a 5 minute walk to Lake Conroe! Here you have a large open living area with upgraded vinyl wood flooring, 8 ft ceilings and darkening blinds Spacious open kitchen with granite countertops, breakfast area, tile backsplash, and appliances! Large primary suite with walk-in closet for extra storage. Enjoy this light and bright home equipped with ceiling fans w/light-kits, a covered front porch, and a separate laundry room for extra storage. This lovely home offers access to Lake Conroe! It is close proximity to area resorts and Lake Conroe. Minutes from I-45 and the New Willis HEB/shopping center! EXPERIENCE THE AREA GROWTH! Willis is being developed by some of the top developers that will make Willis a wonderful destination place to live and grow with its close proximity to area resorts and Lake Conroe.

Investor Tools

Property Icon
$204,000
Estimated Property Value
$202,158Estimated Mortgage Balance
$1,842Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,305 /month
Positive
Cash Flow Estimate:
$435 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$396/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,730
$186,084
2025
$42,500
$143,584
$186,084
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,730
$186,084

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Fha
$213,560
Yes
First
Jun 26, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,158
$5,842
2%
99%
$1,281/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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12978 Sorrento Bay Dr | Property Details | No Agent List