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$193,900

2807 Willard Drive, Tyler, TX, 75707

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.9 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Microwave
FlooringVinyl

Exterior

Lot Size9,409 sqft

Building Information

Year Built1956
Stories1
Roof Type105
Garage Spaces1

Land Information

APN1-00000-0526-00-255000
Lot Number4
SubdivisionA0526 Wm Keys
Land UseResidential
Legal DescriptionABST A0526 WM KEYS TRACT 255 AKA LOT 4 NCB 1536-D
Census Tract002003
Assessed Land Value$7,809
Assessed Improvement Value$132,556
Assessment Year2025

About this property

Welcome to 2807 Willard Drive in Tyler, Texas—a charming and well-maintained single-story home that offers comfort, simplicity, and great value. Built in 1956, this traditional wood-frame home sits on approximately 0.22 acres and provides around 1,000 square feet of living space, making it an ideal option for first-time buyers, downsizers, or investors. Inside, you’ll find two bedrooms and one full bathroom, along with a cozy living area that flows seamlessly into a kitchen and dining combo, creating a functional and inviting layout. The home features vinyl flooring, ceiling fans, and essential kitchen appliances including an electric range, dishwasher, and microwave. Central electric heating and cooling ensure year-round comfort, while public water service and cable availability add everyday convenience. Step outside to enjoy a spacious yard enclosed with chain link fencing, offering room for pets, gardening, or outdoor relaxation. A detached carport and concrete driveway provide practical parking, while additional storage buildings give you extra space for tools and equipment. The pier and beam foundation and composition roof reflect the home’s classic construction, and a one-year warranty is available for added peace of mind. With no HOA and a location within the Tyler ISD, this property presents flexibility and accessibility. Whether you're looking to settle in or expand your investment portfolio, this home offers a solid opportunity in a well-established neighborhood.

Investor Tools

Property Icon
$238,000
Estimated Property Value
$0Estimated Mortgage Balance
$63,130Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,428 /month
Positive
Cash Flow Estimate:
$476 /month

Interested in this property?

Ryan Major

Keller Williams Realty-Tyler

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$298/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,388
$140,365
2025
$7,809
$132,556
$140,365
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,388
$140,365

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$176,540
No
First
Apr 24, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$174,870
$63,130
26%
73%
$1,112/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,380/mo
$1,112/mo
+$268/mo
7.0%

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: Tyler

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