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$89,000

NAL Estimated Property Value

14493 Enchanted Waters Dr, Willis, TX, 77318

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,088 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$73.53 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Oven, Oven, Microwave, Electric Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringLaminate

Exterior

Lot Size9,263 sqft

Building Information

Year Built2000
Stories1

Land Information

APN4552-03-03900
Lot Number10,11
SubdivisionEnchanted Waters 03
Land UseResidential
Legal DescriptionS455203 - ENCHANTED WATERS 03, BLOCK 4, LOT 10, 11, SERIAL # CLW015868TX, TITLE # MH00400506, LABEL # HWC0296908
Census Tract694204
Assessed Land Value$55,578
Assessed Improvement Value$25,840
Assessment Year2025

About this property

Investor Special! Absolutely beautiful lot with gorgeous, mature trees located in the Enchanted Waters community near Lake Conroe! If you are looking for the opportunity to live or invest in a manufactured home community near the Lake Conroe area, just outside of town, this may be for you. The entrance to the property provides a very private feeling from the lush wall of foliage along the front fence. A large, asphalt covered double driveway leads to the house. There is plenty of space for additional parking. A storage shed on a concrete slab is present on the property. There are several paved areas in the backyard, perfect for patio furniture or an outdoor living arrangement. A single-wide manufactured home on property is a 3-bedroom, 2-bathroom fixer upper. Tall magnolia, pear, and oak trees offer shade throughout the lot. Priced to sell! Sold AS-IS. All inquiries - CALL MARJORIE!

Investor Tools

Property Icon
$89,000
Estimated Property Value
$10,839Estimated Mortgage Balance
$78,161Estimated Equity
89% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$534 /month
Positive
Cash Flow Estimate:
$178 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$169/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,583
$81,418
2025
$55,578
$25,840
$81,418
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,583
$81,418

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Leon J Fritsche
Seller Carryback / Seller Financing / Seller Take-Back
$17,000
No
First
Feb 17, 2011
Aug 2021

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$10,839
$92,161
89%
12%
$102/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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14493 Enchanted Waters Dr | Property Details | No Agent List