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B+
NoAgentList RatingHow are grades calculated?Info

$618,000

NAL Estimated Property Value

16940 E Fm 1097 Rd, Willis, TX, 77378

$639,343 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,468 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$279.58 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher

Exterior

Lot Size2.25 acres

Building Information

Year Built1996
Stories2
Roof Type112
Garage Spaces3

Land Information

APN0015-06-00116
SubdivisionDe La Garza
Land UseResidential
Legal DescriptionA0015 DE LA GARZA, TRACT 1-D, 2-C (SPLIT FOR AG), ACRES 2.250
Census Tract694107
Assessed Land Value$56,250
Assessed Improvement Value$227,443
Assessment Year2025

About this property

This charming 3-bedroom (with optional 4th) brick farmhouse, set on 9.859 acres of beautiful countryside, offers unrestricted land perfect for livestock, including cows, horses, and FFA animals. The property has been an active hay field and provides easy access to I-45, making commutes to Houston and Bryan convenient. The home boasts numerous recent updates, including new wood floors, a remodeled kitchen with new countertops, sink, backsplash, and cooktop, along with fresh paint. If you are looking for the convenience of being close to town, but need space to spread out you want to see this one!

Investor Tools

Property Icon
$618,000
Estimated Property Value
$518,989Estimated Mortgage Balance
$99,011Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$639,343
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,140 /month
Positive
Cash Flow Estimate:
$1,380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$365/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,289
$283,693
2025
$56,250
$227,443
$283,693
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,289
$283,693

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Fha
$529,100
Yes
First
Apr 24, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$518,989
$150,011
22%
84%
$3,173/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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16940 E Fm 1097 Rd | Property Details | No Agent List