$117,000
NAL Estimated Property Value301 W Watson Street, Willis, TX, 77378
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size10,525 sqft
Building Information
Year Built1984
Stories1
Land Information
APN8240-00-08400
Lot Number22
SubdivisionRainbow
Land UseResidential
Legal DescriptionRAINBOW, BLOCK 6, LOT 22, MH SERIAL # TXFL1A05032917, TITLE # CANCELED, LABEL # TEX0110412
Census Tract694105
Assessed Land Value$42,100
Assessed Improvement Value$24,021
Assessment Year2025
About this property
Close to town! Price is reflective of an as is sale. This home needs the right handyman or investor to fix and update. Property next door is available as well (303 Watson). Owner/agent
Investor Tools
$117,000
Estimated Property Value
$3,483Estimated Mortgage Balance
$113,517Estimated Equity
97% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$702 /month
Positive
Cash Flow Estimate:
$234 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$153/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,254
$66,121
2025
$42,100
$24,021
$66,121
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,254
$66,121
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Banks
N/A
$15,300
N/A
First
Sep 25, 2000
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$3,483
$113,517
97%
3%
$0/mo
