$115,000
220 Ellis Dr, Waskom, TX, 75692
$149,500 ARV
Pending
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesElectric Water Heater
Exterior
Lot Size27,878 sqft
Land Information
APN02280.00274.00000.000000
Lot Number49
SubdivisionEllis Bros
Land UseResidential
Legal DescriptionACRES: 0.640 LOT: 49 SUBD: ELLIS BROS V
Census Tract020106
Assessed Land Value$9,760
Assessment Year2025
About this property
Looking for privacy, space, and potential? This 4.32-acre property in Waskom, Texas offers a secluded setting just minutes from Shreveport. The existing unfinished 3-story structure provides the opportunity to complete the project, redesign it, or start fresh. The sellers are assigning no value to the structure and are simply looking to recoup their investment. If you've been searching for a private property with room to create your own vision, this could be the opportunity you've been waiting for. Motivated sellers—call today for more information!
Investor Tools
$0Estimated Mortgage Balance
$223,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$149,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,338 /month
Positive
Cash Flow Estimate:
$446 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$103/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$122
$9,760
2025
$9,760
N/A
$9,760
No
Tax History
Year
Tax Paid
Assessed Value
2024
$122
$9,760
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$142,000
100%
0%
$0/mo
