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$380,000

$400,000

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

On MarketInfo
Just AddedInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths2,224 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.86 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesElectric Oven, Electric Range
FlooringCarpet, Laminate, Linoleum

Exterior

Exterior FeaturesDeck
Lot Size1 acre

Building Information

Year Built1969
Stories1
Garage Spaces2

Land Information

APN086.5005.0000.0018.0101
Lot Number18
Land UseResidential
Legal DescriptionACRES: 1.000 BLK: LOT: 18-A ADDN: ALBRIGHT
Census Tract950400
Assessed Land Value$29,070
Assessed Improvement Value$189,380
Assessment Year2025

About this property

Escape to the peace and beauty of country living with this spacious 3-bedroom, 3-bath farmhouse homestead nestled on 8.9 picturesque acres. Surrounded by mature oak trees, open pasture, and a wooded landscape that provides exceptional privacy, this property offers the perfect blend of rustic charm and practical amenities. Step inside to discover a warm and inviting home featuring a wood-burning fireplace, ideal for cozy evenings with family and friends. The thoughtfully designed floor plan includes extra-large bedrooms, offering plenty of space for relaxation, work, or hobbies. Upstairs bedrooms feature custom built-in shelving, adding both character and functionality. This Texas home has a true concrete basement! Room for storage or a weather safe space. Storage is abundant throughout the home, with ample closets and dedicated storage areas to keep everything organized. Enjoy your morning coffee or unwind in the evening from the comfort of the covered front porch, where you can take in peaceful views of the surrounding countryside. Outside, the property truly shines. A short nature walk to the scenic pond, attracts local wildlife. The pasture acreage in front of home provides opportunities for horses, livestock, gardening, or simply enjoying wide-open spaces. Mature oak trees offer shade and beauty, while the wooded portions of the property enhance privacy and create a natural retreat. Additional features include solar panels, helping to reduce energy costs and increase sustainability. Solar Panels to be paid off at closing and transferred to new buyer. With 1343 feet of road frontage and being outside city limits, investors can easily take advantage of adding onto this property. Few minutes to Lake Tawakoni . While this home retains its classic country character, it is ready for modern updates to suit your personal style. Bring your vision and make this timeless farmhouse your own.

Investor Tools

$38,860Estimated Mortgage Balance
$357,140Estimated Equity
85% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,376 /month
Positive
Cash Flow Estimate:
$792 /month

Interested in this property?

Elaine Fabbri

RE/MAX Landmark Rose

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$199/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$411
$218,450
2025
$29,070
$189,380
$218,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
$411
$218,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Stand Alone First / Home Equity First Lien
$142,400
No
First
Apr 24, 2014
May 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$38,860
$230,140
85%
10%
$0/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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540 Vz County Road 3724 | Property Details | No Agent List