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$299,000

13185 Fm 1097 Road W, Willis, TX, 77318

On MarketInfo
Beds Beds
Baths Bath
Baths6,960 Sq Ft

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling

Exterior

Lot Size37,113 sqft

Building Information

Year Built2005

Land Information

APN6595-00-33310
SubdivisionLake Conroe Hills 01
Land UseCommercial
Legal DescriptionLAKE CONROE HILLS 01, RES B9-A, B-10, ACRES 0.852
Census Tract694206
Assessed Land Value$259,791
Assessed Improvement Value$690,209
Assessment Year2025

About this property

Excellent Commercial Property opportunity located on the bustling FM 1097 corridor near Lake Conroe. Positioned in a rapidly growing area with high visibility and easy access, this property offers endless potential for retail, office, restaurant investment use. Surrounded by ongoing development and a short walk to lake Conroe, this prime location combines convenience, exposure and Future growth potential.

Investor Tools

$290,150Estimated Mortgage Balance
$659,850Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month

Interested in this property?

Brian Hamill

Walzel Properties - Spring

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,957/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,731
$950,000
2025
$259,791
$690,209
$950,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,731
$950,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loran International Sales Inc
Commercial
$220,000
No
First
Jun 21, 2013
Jun 2018

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$290,150
$659,850
69%
31%
$2,152/mo

City: Willis