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$250,000

NAL Estimated Property Value

281 Mcgehee Rd, Willis, TX, 77378

$325,000 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,576 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$97.05 / sqft
Year BuiltBuilt in 2002

About this property

This 37.23 acres of agricutural exempt (low taxes!) property is perfect for the homesteader by providing a pond as well as a meandering creek. About 17.23 acres is used as a farm to grow crops, and there is an irrigation system to water crops for the homestead farmer! Outdoor enthusiasts will love the hunting, and a natural aquifer that supplies crisp water for various needs! The PVC that was placed throughout the house is 10 years old, 2.5 year old roof, 9 month old A/C, four year old water heater, the brand new dishwasher and stove will stay. Call or text today for a private showing! Will need a new survey.

Investor Tools

Property Icon
$250,000
Estimated Property Value
$0Estimated Mortgage Balance
$250,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$325,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,255 /month
Positive
Cash Flow Estimate:
$2,085 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$138/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$401
$118,580
2025
N/A
$118,580
$118,580
No

Tax History

Year
Tax Paid
Assessed Value
2025
$401
$118,580

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$247,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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.

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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: Willis

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281 Mcgehee Rd | Property Details | No Agent List