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$315,000

NAL Estimated Property Value

1437 Bowsprit Point, Willis, TX, 77318

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,848 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$187.77 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Electric Range, Double Oven
FlooringCarpet, Laminate

Exterior

Exterior FeaturesBalcony
Lot Size1,260 sqft

Building Information

Year Built1979
Stories3
Roof Type105

Land Information

APN5725-02-04500
Lot Number2
SubdivisionHarbour Town Club 02
Land UseResidential
Legal DescriptionHARBOUR TOWN CLUB 02, BLOCK 34, LOT 2
Census Tract694206
Assessed Land Value$91,791
Assessed Improvement Value$215,098
Assessment Year2025

About this property

Discover luxury living in this beautiful waterfront condo in the gated Harbour Town community on Lake Conroe. This multi-level, 2/3 bedroom, 2.5-bath home offers panoramic lake views from each floor. The first floor features a renovated primary suite with porcelain tile, a luxurious wet room with a large shower and soaking tub, dual vanities, an expansive custom walk-in closet, and a flexible space perfect for an office or gym. The kitchen boasts oak countertops and stainless steel appliances. The high-ceilinged family room opens to a lake-view patio, and the top floor has a secondary primary suite. Harbour Town’s amenities enhance this serene lifestyle, including a swimming pool, tennis and pickleball courts, a basketball court, a playground, a marina, and breathtaking sunsets by the Lake Conroe lighthouse. Monthly dues provide trash removal, pest control, and grounds maintenance. Adding a private pier or dock has been approved for this property.

Investor Tools

Property Icon
$315,000
Estimated Property Value
$198,057Estimated Mortgage Balance
$116,943Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,082 /month
Positive
Cash Flow Estimate:
$694 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$554/month
$256/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,068
$306,889
2025
$91,791
$215,098
$306,889
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,068
$306,889

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Fha
$227,156
Yes
First
Dec 20, 2019
Jan 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,057
$116,943
37%
63%
$1,362/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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1437 Bowsprit Point | Property Details | No Agent List