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$539,490

161 Private Road 7003, Wills Point, TX, 75169

$616,454 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$297.5 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesPrivate Yard, RV Hookup
Lot Size1 acre

Building Information

Year Built2013
Garage Spaces4

Land Information

APN026.3192.0000.0005.0000
Lot Number5
Land UseResidential
Legal DescriptionACRES: 1.000 BLK: LOT: 5 ADDN: THOMPSON FIELD SECT II
Census Tract950601
Assessed Land Value$93,500
Assessed Improvement Value$445,990
Assessment Year2025

About this property

Don't miss your opportunity to live with your airplanes or big boy toys in this 50x55 metal hangar building with a climate controlled Barndominium Style living area. The living area is about 2,000 sq ft, 2 Bedroom, 2 Baths with 3 living areas and an optional workshop office area. Home is updated and beautiful. There is a 33x50 hangar area with a 46x14 hydraulic door. Also an attached 25x40 carport that is 14 ft tall for cars or Recreational Vehicles. Covered outdoor living area with a new inground storm shelter. Landscaped 1.0 Acre lot in the highly desired Thompson Field Airport community near Canton, TX. FAA identifier 1TA7

Investor Tools

Property Icon
$539,490
Estimated Property Value
$0Estimated Mortgage Balance
$539,490Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$616,454
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,570 /month
Positive
Cash Flow Estimate:
$1,190 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$787/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,745
$539,490
2025
$93,500
$445,990
$539,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,745
$539,490

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$539,490
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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161 Private Road 7003 | Property Details | No Agent List