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$255,000

248 Elm Street, Wills Point, TX, 75169

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,415 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.41 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size7,841 sqft

Building Information

Year Built2004
Garage Spaces1

Land Information

APN084.5370.0010.0003.0300
Lot Number3
Land UseResidential
Legal DescriptionACRES: 0.180 BLK: 10 LOT: PT 3 ADDN: N NE
Census Tract950500
Assessed Land Value$17,860
Assessed Improvement Value$225,830
Assessment Year2025

About this property

Charming 3 bedroom, 2 bath on a dead end street with little road traffic. Move in ready home with huge kitchen and new lighting, brand new Wi-Fi enabled garage door and large backyard. Covered back porch invites you to entertain under the beautiful shade trees or just watch the kids play. Each bedroom has its own walk in closet with plenty of storage for the whole family! Upgrades include added blown insulation, smart solar attic fan, new roof and outdoor storage shed. Great location on a quite street. Come see this one before it's gone!

Investor Tools

Property Icon
$255,000
Estimated Property Value
$0Estimated Mortgage Balance
$72,085Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$522/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,984
$243,690
2025
$17,860
$225,830
$243,690
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,984
$243,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$197,000
No
First
Jul 6, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$182,915
$72,085
28%
72%
$1,182/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Wills Point

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248 Elm Street | Property Details | No Agent List