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$375,070

NAL Estimated Property Value

516 Highland Ave, Wills Point, TX, 75169

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,730 Sq Ft
price_per_sqft$131.87 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Electric Water Heater, Convection Oven

Exterior

Lot Size33,977 sqft

Building Information

Year Built1964
Stories1
Garage Spaces2

Land Information

APN084.5220.0002.0002.0000
Lot Number2
Land UseResidential
Legal DescriptionACRES: 0.780 BLK: B LOT: 2 ADDN: HUGHES
Census Tract950500
Assessed Land Value$64,060
Assessed Improvement Value$311,010
Assessment Year2025

About this property

Updated home just waiting for your family! There is truly space for everyone here! Updates were completed through out in 2021. There is a separate owners entrance for your family's convenience. Sit on your covered patio on the front or back of the house or around your fire pit in your backyard oasis. Host your family and friends in your beautiful bright kitchen. You can listen to the rain on your metal roof while you watch the squirrels play. Bring the dogs and the kids and call this one yours.

Investor Tools

Property Icon
$375,070
Estimated Property Value
$342,767Estimated Mortgage Balance
$32,303Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$613/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$375,070
2025
$64,060
$311,010
$375,070
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$375,070

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$340,862
Yes
First
Dec 15, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$342,767
$32,303
8%
91%
$2,147/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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516 Highland Ave | Property Details | No Agent List