Last 24 Hours
$135,000
502 W Martin Luther King, Willis, TX, 77378
On Market
Just Added
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size5,625 sqft
Land Information
APN9570-00-37100
Lot Number1-A
SubdivisionWillis Town Of
Land UseResidential
Legal DescriptionS957000 - WILLIS TOWN OF, BLOCK 31, LOT 1-A
Census Tract694105
Assessed Land Value$22,500
Assessment Year2025
About this property
This is two lots for a totaling 11,250 square foot ready to be built on or held for appreciation! Perfect for large home our a few town homes. New houses all around. Very nice neighborhood close to HEB and much other shopping/entertainment.
Investor Tools
$0Estimated Mortgage Balance
$34,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$810 /month
Positive
Cash Flow Estimate:
$270 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$55/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$490
$22,500
2025
$22,500
N/A
$22,500
No
Tax History
Year
Tax Paid
Assessed Value
2024
$490
$22,500
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$34,000
100%
0%
$0/mo
12.4%