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B+
NoAgentList RatingHow are grades calculated? Info

$546,000

1451 Fm 1504, Wills Point, TX, 75169

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,002 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$324.68 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size1 acre

Building Information

Year Built1972
Stories1
Garage Spaces1

Land Information

APN086.0765.0012.0000.0001
Land UseResidential
Legal DescriptionACRES: 1.000 ABST: 765 SUR: J SALINGUA
Census Tract950601
Assessed Land Value$17,080
Assessed Improvement Value$209,330
Assessment Year2025

About this property

Welcome to your dream farm and ranch retreat on over 30 acres of picturesque land! As you drive up the long driveway, beautiful mature trees on both sides offer both shade and privacy. The property is fully fenced with two ponds, and approximately 9 outside water livestock faucets making it ideal for keeping cows, horses or other livestock. Need a space to work on your projects? You're in luck - there's a 1600 sqft red barn with a two rooms and the main arena and a separate covered tractor area. There is a second house on the property known as the cottage. This 562 sq foot house is functioning as a successful Airbnb known as the Hummingbird Cottage and is generating $1,000-$2,000 per month. Solar panels on larger home included! Whether you're relaxing on the front porch taking in the peaceful surroundings or enjoying a bonfire under the starry night sky, this property offers endless opportunities for outdoor enjoyment. Don't miss your chance to own this one-of-a-kind oasis in the countryside!

Investor Tools

Property Icon
$546,000
Estimated Property Value
$0Estimated Mortgage Balance
$546,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$259/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$376
$226,410
2025
$17,080
$209,330
$226,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$376
$226,410

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$546,000
100%
0%
$0/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.

Explore Texas Explore This Area
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: Wills Point

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1451 Fm 1504 | Property Details | No Agent List