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$214,000

504 Burnett Street, Wills Point, TX, 75169

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,087 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$198.62 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range

Exterior

Lot Size13,068 sqft

Building Information

Year Built1986
Stories1
Garage Spaces1

Land Information

APN084.5370.0003.0009.0500
Lot Number9
Land UseResidential
Legal DescriptionACRES: 0.300 BLK: 3 LOT: PT 9 ADDN: N N E SIMPSON
Census Tract950500
Assessed Land Value$24,320
Assessed Improvement Value$75,680
Assessment Year2025

About this property

Welcome to this beautifully remodeled 3 bedroom 2 bath home that perfectly blends modern updates with everyday comfort. From the moment you arrive, you’ll notice the fresh exterior, updated windows and doors, spacious front yard, and inviting curb appeal. Step inside to discover a bright, open interior featuring updated flooring, fresh paint, and a curated color palette. The fully renovated kitchen is a standout, showcasing stylish custom cabinetry, sleek countertops, a modern backsplash, and updated appliances.  New interior doors and trim throughout including a barn slider to the utility room which features even more cabinetry for storage.  Both bathrooms have been thoughtfully updated with contemporary finishes, including  tiled baths, modern fixtures, and a clean, elegant design.  Integrated linen storage in the hall and secondary bath.  The buyer will enjoy the 2 inch blinds already installed. The backyard is spacious and ready for outdoor activities. This home is move in ready for any buyer seeking those quality high end touches within a reasonable budget!

Investor Tools

Property Icon
$214,000
Estimated Property Value
$0Estimated Mortgage Balance
$111,074Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,295 /month
Positive
Cash Flow Estimate:
$432 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$266/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,124
$100,000
2025
$24,320
$75,680
$100,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,124
$100,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$106,250
No
First
Sep 6, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$102,926
$111,074
51%
48%
$638/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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504 Burnett Street | Property Details | No Agent List