Last 24 Hours
$199,800
NAL Estimated Property Value337 Fm 2475, Wills Point, TX, 75169
Off Market
3 Beds
2 Bath
1,344 Sq Ft
$148.74 / sqft
Built in 1996Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Bedrooms 3
Bathrooms 2AppliancesElectric Water Heater
Exterior
Lot Size1.73 acres
Building Information
Year Built1996
Land Information
APN086.5325.0000.0002.0000
Lot Number2
Land UseResidential
Legal DescriptionACRES: 1.725 BLK: LOT: 2 ADDN: LORIN ADDITION 2021
Census Tract950400
Assessed Land Value$88,370
Assessed Improvement Value$111,430
Assessment Year2025
About this property
Sitting on 1.725 MOL acres close to Lake Tawakoni and Lake Tawakoni State Park is this 3 bedroom, 2 bath home. Enter the home into the inviting living area with vaulted ceilings. Kitchen featuring SS appliances and ample cabinetry and counter space. Cute Dining Area. Efficient Laundry area. Split bedroom arrangement with Spacious Primary Ensuite. Storage Building. Acreage features open pasture, woods, and pond.
Investor Tools
$199,800
Estimated Property Value
$183,957Estimated Mortgage Balance
$15,843Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,199 /month
Positive
Cash Flow Estimate:
$400 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$178/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,134
$199,800
2025
$88,370
$111,430
$199,800
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,134
$199,800
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$187,540
No
First
Apr 17, 2025
May 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$183,957
$15,843
7%
92%
$1,125/mo
12.4%