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$253,000

14178 Shadow Bay Dr, Willis, TX, 77318

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,120 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$249.91 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDisposal, Microwave, Electric Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Vinyl

Exterior

Lot Size5,173 sqft

Building Information

Year Built1987
Stories1
Garage Spaces2

Land Information

APN8627-00-25600
Lot Number19
SubdivisionShadow Bay 01
Land UseResidential
Legal DescriptionSHADOW BAY 01, BLOCK 10, LOT 19, MH SERIAL # OCO4881603A, TITLE # 634884, LABEL # UNK
Census Tract694204
Assessed Land Value$31,879
Assessed Improvement Value$145,276
Assessment Year2025

About this property

Offer has been accepted. Waterfront property on Lake Conroe- 14178 Shadow Bay Drive in Shadow Bay in Willis! Charming home ready for immediate move-in. Perfect for weekend getaways, AIRBNB's, VRBO's & short-term rentals allowed. Open concept living with family room, dining room & kitchen, 3 spacious bedrooms & 2 full baths. Luxury vinyl plank flooring, neutral interior & exterior paint, AC unit 2021, Roof 2024. Large, fenced backyard with beautiful lake views to enjoy. New wooden boat dock & pier for fishing. Neighborhood has fenced boat ramp for residents to enjoy ($22 per month) & neighborhood park. Low property taxes & HOA. Property is available to be sold fully furnished; boat is available for sale- ask listing agent for more details & pricing. Stainless Steel refrigerator, washer, dryer & new metal shed & smaller shed remain with the property. Attached storage room with added shelves. Excellent location to shopping, dining & water activities. Zoned to Willis ISD.

Investor Tools

Property Icon
$253,000
Estimated Property Value
$246,400Estimated Mortgage Balance
$10,570Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,679 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$300/month
$33/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,331
$177,155
2025
$31,879
$145,276
$177,155
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,331
$177,155

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paul Farhadian
Seller Carryback / Seller Financing / Seller Take-Back
$246,400
No
First
Jun 3, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,430
$13,570
5%
96%
$1,478/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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14178 Shadow Bay Dr | Property Details | No Agent List