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$448,000

NAL Estimated Property Value

506 Vz County Road 3724, Wills Point, TX, 75169

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,923 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$234.01 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Storage
Lot Size8.94 acres

Building Information

Year Built1985
Garage Spaces3

Land Information

APN086.5005.0000.0018.0200
Lot Number18
Land UseResidential
Legal DescriptionACRES: 8.940 BLK: LOT: 18-B ADDN: ALBRIGHT
Census Tract950400
Assessed Land Value$174,530
Assessed Improvement Value$226,550
Assessment Year2025

About this property

Sellers are offering $10k incentive for this stunning property nestled near Lake Tawakoni, w nearly 9 acres of land with a rustic feel exuding warmth and charm, away from city life. You'll be greeted by the natural beauty of wood flooring that flows through the home, creating a warm and welcoming ambiance. Wood walls and ceiling accents add to the charm, while the updated kitchen provides a perfect blend of modern convenience & traditional style. Second suite on 1st level. Outside discover your own personal oasis with an inviting in-ground pool built in 2018. The covered front porch & patio are perfect for enjoying the fresh air and the peaceful surroundings. Gather around the outdoor stone fire pit with family and friends, creating unforgettable memories. The 24x36 workshop-garage has 220 and 50 amp service with 14x36 covered space. A smaller 14x20 storage bldg w power provides add'l storage space. Huge 3 car carport! 3 stage septic & propane connection on house. Newer AC & WH.

Investor Tools

Property Icon
$448,000
Estimated Property Value
$324,062Estimated Mortgage Balance
$123,938Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$573/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,634
$401,080
2025
$174,530
$226,550
$401,080
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,634
$401,080

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$325,000
No
First
Mar 6, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$324,062
$123,938
27%
72%
$1,949/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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506 Vz County Road 3724 | Property Details | No Agent List