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$508,000

326 Willow Creek Ln, Ovilla, TX, 75154

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,739 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 1981

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size2.12 acres

Building Information

Year Built1981
Stories1
Garage Spaces2

Land Information

APN62.9302.902.014.01.111 03
Lot Number14
SubdivisionWillow Creek Ests Ii
Land UseReal Res Single-Family Imp
Legal DescriptionLOT 14 BLK B WILLOW CREEK ESTS II 2.12 AC
Census Tract060216
Assessed Land Value$46,662
Assessed Improvement Value$59,925
Assessment Year2023

About this property

This is a 2.12 acre lot, heavily treed at the back, in Willow Creek Estates. This is a very established 45+ year old neighborhood. The house burned and it will be up to the buyers to remove the burned structure as the sellers are selling as-is. This is a great neighborhood with great neighbors. Wonderful area to raise a family. Property line at the rear of property runs along the seasonal creek. Multiple offers received. Offers being accepted till Sunday 6-18 at 5:00 pm. No survey

Investor Tools

Property Icon
$508,000
Estimated Property Value
$0Estimated Mortgage Balance
$508,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,048 /month
Positive
Cash Flow Estimate:
$1,016 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$341/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$106,587
2023
$46,662
$59,925
$106,587
No

Tax History

Year
Tax Paid
Assessed Value
2023
N/A
$106,587

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$508,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
N/A
+$2,080/mo
4.9%

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.

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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: Ovilla

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326 Willow Creek Ln | Property Details | No Agent List