$694,000
NAL Estimated Property Value305 N Thomason St, Willis, TX, 77378
Off Market
Property Lead Type:
Deal ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Exterior
Lot Size5,001 sqft
Land Information
APN805609
Lot Number3
SubdivisionWillis Town Of
Land UseResidential Single Family
Legal DescriptionS957000 - WILLIS TOWN OF, BLOCK 18, LOT 3, ACRES 0.1148
Census Tract694105
Assessed Land Value$20,003
Assessment Year2025
About this property
Flexibility for expansion on this approximate 5625 SF lot suitable and city for a duplex potential or custom redevelopment (buyer to verify zoning and permitted uses). Conveniently located just blocks from Hwy 75, FM 1097, shopping, dining, and minutes to Lake Conroe. High traffic area with outstanding visibility makes this a rare investment in one of Montgomery County’s fastest-growing markets. Bring your vision—opportunities like this are hard to find!
Investor Tools
$694,000
Estimated Property Value
$0Estimated Mortgage Balance
$694,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,164 /month
Positive
Cash Flow Estimate:
$1,388 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$314/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$20,003
2025
$20,003
N/A
$20,003
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$20,003
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$694,000
100%
0%
$0/mo
