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$525,000

290 A Vz County Road 3222, Wills Point, TX, 75169

PendingInfo
Beds3 Beds
Baths3 Bath
Baths1,797 Sq Ft
price_per_sqft$292.15 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range

Exterior

Exterior FeaturesStorage
Lot Size18,295 sqft

Building Information

Year Built1951
Stories1
Garage Spaces2

Land Information

APN086.4000.0055.0023.0000
Lot Number23-28
Land UseResidential
Legal DescriptionACRES: 0.420 BLK: 55 LOT: 23-28 & N 9 FT 22 ADDN: ORIG M S
Census Tract950601
Assessed Land Value$34,120
Assessed Improvement Value$24,800
Assessment Year2025

About this property

Experience the allure of10.59 expansive acres, embodying the quintessential essence of country living. This property boasts meticulously maintained fencing and a picturesque driveway lined with pecan trees, guiding you to your ideal residence. Inside, an open floor plan seamlessly connects the kitchen to a cozy living area, featuring a wood-burning stove with an insert. A wall of windows bathes the space in natural light, revealing a 25x30 covered patio perfect for hosting gatherings or outdoor grilling, all with a captivating lake view. The kitchen is equipped with granite countertops and a spacious sit-up bar, ideal for additional seating and effortless entertaining. Tile flooring enhances the primary bedroom, bath, and living-kitchen area. The primary bedroom offers privacy, being separate from the other bedrooms, and includes separate vanities and closets in the primary bath. Secondary bedrooms feature recently updated carpets, and the hall bath includes a convenient shower. Additionally, there is a half bath adjacent to the laundry area, complemented by a 2-car attached garage. The property is located in an Aquifer District, providing excellent-tasting well water. A substantial 30x40 workshop with electricity and three overhead doors offers easy access, along with an attached covered parking area suitable for your RV, complete with a power source. Additional amenities include a well house with storage, an overhead fuel tank for convenient tractor refueling, and a storage building with a dog kennel or chicken coop. With a gated entry, this exceptional opportunity is not to be missed. Secure it now and make this your forever home.

Investor Tools

$58,332Estimated Mortgage Balance
$68,668Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$62/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$111
$58,920
2025
$34,120
$24,800
$58,920
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$111
$58,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
John E Roark Etal
Open End Mortgage / Open End With Future Advance Clause
$65,000
No
First
Apr 8, 2021
Mar 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$58,332
$68,668
54%
46%
$390/mo

City: Wills Point

290 A Vz County Road 3222 | Property Details | No Agent List