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Days11Days on Market
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$115,000

220 Ellis Dr, Waskom, TX, 75692

$149,500 ARVInfo
On MarketInfo
Just AddedInfo
Beds8 Beds
Baths5 Bath
Baths3,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$32.86 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 8Bedrooms 8
Bathrooms 5Bathrooms 5
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
$142,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$149,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$852 /month
Positive
Cash Flow Estimate:
$284 /month

Interested in this property?

Ashley Salgado

East Texas Preferred Properties, LLC - Kilgore

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$69/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

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: Waskom

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