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$296,000

NAL Estimated Property Value

15533 Mckay Rd, Willis, TX, 77378

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,438 Sq Ft
price_per_sqft$135.61 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Cooktop, Dishwasher
FlooringLaminate

Exterior

Lot Size2.30 acres

Building Information

Year Built1982
Stories1
Roof Type105
Garage Spaces2

Land Information

APN9453-50-00100
Lot Number1
SubdivisionWalco Hills
Land UseResidential
Legal DescriptionWALCO HILLS, LOT 1, ACRES 2.300
Census Tract694002
Assessed Land Value$40,250
Assessed Improvement Value$145,121
Assessment Year2025

About this property

SECLUDED AND PRIVACY ON 2.3 ACRES 2 B/R 2 BATH COUNTRY STYLE FRAME HOUSE W/PRIVATE POND AND PERIMETER FENCED.WOOD BURNING FIREPLACE ,FRONT COVERED PORCH, DETACHED, 2 CAR METAL CARPORT AND A 50X21 3 CAR SPACE METAL GARAGE. HOME NEEDS SOME TLC AND SOME REPAIRS BUT HAS ALOT TO OFFER IF YOU ARE LOOKING FOR SOME ACREAGE NOT TOO FAR OUT OF TOWN AND UNRESTRICTED PROPERTY THIS IS ONE TO LOOK AT HOME IS BEING OFFERED FOR SALE AS IS NO REPAIRS.

Investor Tools

Property Icon
$296,000
Estimated Property Value
$144,277Estimated Mortgage Balance
$7,446Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,776 /month
Positive
Cash Flow Estimate:
$592 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$163/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$479
$185,371
2025
$40,250
$145,121
$185,371
No

Tax History

Year
Tax Paid
Assessed Value
2024
$479
$185,371

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$148,000
No
First
Dec 26, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$144,277
$170,723
54%
49%
$888/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: Willis

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