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$312,000

NAL Estimated Property Value

208 Gerald Street, Willis, TX, 77378

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,632 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.32 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Cooktop

Exterior

Lot Size13,320 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APN9237-00-00600
Lot Number6
SubdivisionThomason Addition
Land UseResidential
Legal DescriptionS923700 - THOMASON ADDITION, LOT 6
Census Tract694105
Assessed Land Value$53,280
Assessed Improvement Value$167,788
Assessment Year2025

About this property

Rare finds like this don’t come along often in Willis! Situated on a spacious lot in a well-established neighborhood directly across from Lucas Middle School and Hardy Elementary, this charming 3-bedr, 2-bath home offers the perfect combination of location, privacy, and value. Inside, you’ll find a versatile flex room with endless possibilities — ideal for a home office, playroom, game room, or whatever best suits your lifestyle. Step outside to enjoy the peaceful covered patio, perfect for relaxing evenings or weekend gatherings, along with a storage shed and an impressive oversized garage/workshop with plenty of room for hobbies, projects, or additional storage. Enjoy the feel of country living while still being just minutes from all the conveniences and exciting growth Willis has to offer, including H-E-B and the area’s expanding shopping and dining scene. This property truly offers the best of both worlds — space, privacy, and convenience at an affordable price!

Investor Tools

Property Icon
$312,000
Estimated Property Value
$45,561Estimated Mortgage Balance
$266,439Estimated Equity
85% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,872 /month
Positive
Cash Flow Estimate:
$624 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$247/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,402
$216,560
2025
$53,280
$167,788
$221,068
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,402
$216,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amegy Mortgage Company Llc
Conventional
$60,000
No
First
May 1, 2015
Jun 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$45,561
$266,439
85%
15%
$0/mo

City: Willis

208 Gerald Street | Property Details | No Agent List