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$650,000

350 Vz County Road 3806, Wills Point, TX, 75169

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,592 Sq Ft
FarmFarm
price_per_sqft$408.29 / sqft
Year BuiltBuilt in 1968

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Lot Size1 acre

Building Information

Year Built1969
Stories1
Garage Spaces2

Land Information

APN086.0250.0025.0000.0001
Land UseResidential
Legal DescriptionACRES: 1.000 ABST: 250; 650 & 520 SUR: D C ENLOE E PORTER & G W MARTIN
Census Tract950400
Assessed Land Value$15,810
Assessed Improvement Value$141,510
Assessment Year2025

About this property

This working ranch has everything you need--just bring your livestock! Four lots, totaling 56.878 acres. Outbuildings include a 20x30 shop, 30x60 hay barn, 24x24 tac room, 24x30 loafing shed, a 24x50 loafing shed and a 100' feed trough for cattle. Large pond on the property, as well, as a water source for livestock. House is a 3-2 and just needs a little TLC to make it shine. Just off Hwy 80 outside Wills Point, close to Terrell and a quick drive to Dallas.

Investor Tools

Property Icon
$305,000
Estimated Property Value
$562,500Estimated Mortgage Balance
$0Estimated Equity
-84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$270/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,711
$157,320
2025
$15,810
$141,510
$157,320
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,711
$157,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primary Residential Mortgage Inc
Conventional
$562,500
No
First
Nov 30, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$514,637
N/A
0%
169%
$3,373/mo

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: Wills Point

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350 Vz County Road 3806 | Property Details | No Agent List