$299,000
13185 Fm 1097 Road W, Willis, TX, 77318
On Market
Highlights
Interior
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
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
