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$279,000

NAL Estimated Property Value

21020 Fm 47, Wills Point, TX, 75169

$285,329 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,280 Sq Ft
FarmFarm
price_per_sqft$203.95 / sqft
Year BuiltBuilt in 2018

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Microwave, Convection Oven, Vented Exhaust Fan
FlooringVinyl

Building Information

Year Built2018
Garage Spaces2

Land Information

APN086.0894.0170.0001.0031
Land UseResidential
Legal DescriptionABST: 894 SUR: J WELCH
Census Tract950400
Assessed Improvement Value$243,300
Assessment Year2025

About this property

Gorgeous almost 16 acres, mostly wooded with open areas, across from Four Winds Ranch. Over 2300 sf 4 bedroom newer mfg home with open floor plan, 3 full baths, 2 living areas & huge island kitchen. Set back from the road & accessed through a security gate, this pastoral setting includes a pond & a running creek, plus walking trails in the woods. The spacious home offers a wood burning fireplace flanked by bookcases in the Living Room. The kitchen is truly the heart of the home with a massive island for seating, storage, & work space, a stainless farmhouse sink, large pantry, double oven & more. Huge windows allow natural light. Hard surface wood-look vinyl flooring throughout. The master suite offers 3 closets, garden tub & walk through huge shower. 3 add bedrooms PLUS a 2nd living area. Large closets in every room. Laundry room opens to deck & bathroom. Covered & open deck for outdoor living. Open parking PLUS a 3 car carport. Cute Storage building for equipment. Partially fenced.

Investor Tools

Property Icon
$279,000
Estimated Property Value
$186,878Estimated Mortgage Balance
$92,122Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$285,329
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,790 /month
Positive
Cash Flow Estimate:
$930 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$280/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,962
$243,300
2025
N/A
$243,300
$243,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,962
$243,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$202,000
No
First
May 10, 2022
Jun 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,878
$92,122
33%
67%
$1,212/mo

City: Wills Point

21020 Fm 47 | Property Details | No Agent List