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$349,000

NAL Estimated Property Value

425 Vz County Road 3216, Wills Point, TX, 75169

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,680 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.21 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesWater Purifier, Dishwasher, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCeramic Tile

Exterior

Exterior FeaturesStorage
Lot Size1 acre

Building Information

Year Built1997
Stories1
Garage Spaces2

Land Information

APN026.0068.0225.0005.0200
Land UseResidential
Legal DescriptionACRES: 1.000 ABST: 68 SUR: D T BUNDY
Census Tract950300
Assessed Land Value$55,250
Assessed Improvement Value$245,800
Assessment Year2025

About this property

Very special home in quality of construction and location. Sits on quiet road lined with large mature trees, home overlooks the Old City Lake. Attractive brick is surrounded by mature, cypress, dogwoods, live oaks & magnolias. Sprinkler system keeps the St Augustine grass happy in summer. Large kitchen with beautiful Andino White granite, walk in pantry, island, tons of cabinets, dining room large enough for harvest size table. The living room is highlighted by the brick wall with wood stove. New laminate plank flooring throughout. Split bedroom floorplan & large utility room, oversized carport. 1200 sf shop, electric, bathroom, roll door with opener, 2 wells on property, concrete drive to the road! Must See

Investor Tools

Property Icon
$349,000
Estimated Property Value
$212,281Estimated Mortgage Balance
$136,719Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$453/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,685
$301,050
2025
$55,250
$245,800
$301,050
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,685
$301,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Conventional
$236,550
No
First
Jan 29, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,281
$136,719
39%
61%
$1,419/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.

Explore Texas Explore This Area
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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