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$2,750,000

552 Vz County Road 2142, Wills Point, TX, 75169

On MarketInfo
CommercialInfo
Beds7 Beds
Baths7 Bath
Baths8,173 Sq Ft
FarmFarm
price_per_sqft$336.47 / sqft
Year BuiltBuilt in 1998

Highlights

Interior

Bedrooms 7Bedrooms 7
Bathrooms Full 6Bathrooms Full 6
Bathrooms Half 1Bathrooms Half 1
AppliancesTrash Compactor, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Double Oven, Refrigerator
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Grill, Kennel
Lot Size1 acre

Building Information

Year Built2000

Land Information

APN016.0322.0014.0000.0002
Land UseCommercial
Legal DescriptionACRES: 1.000 ABST: 322 & 725 SUR: G W GOODWIN & T RILEY BUNKHOUSE
Census Tract950602
Assessed Land Value$11,800
Assessed Improvement Value$180,110
Assessment Year2025

About this property

Welcome to a truly unique and income-producing opportunity at 552 VZ County Road 2142 in Wills Point—where country living meets multiple revenue streams on one versatile property. Situated on scenic acreage with room to expand, this property is far more than just a home—it’s a fully functional business and investment asset with exceptional potential. At the heart of the property sits a charming primary residence offering comfortable living with a warm, inviting atmosphere—perfect for an owner-operator or on-site management. In addition, a beautifully designed 2-bedroom, 1-bath tiny home provides flexibility for guest accommodations, long-term rental income, or short-term stays. What truly sets this property apart is the impressive party barn and event venue, currently used for weddings and private gatherings, offering a rustic yet elegant setting for an intimate countryside experience. Attached to the barn are six private apartment-style units, each with its own bathroom, creating a built-in lodging solution for guests or a turnkey short-term rental opportunity. This setup allows an investor to generate multiple income streams from events, overnight stays, and extended rentals. Adding even more value, the property includes a professionally designed dog breeding facility with a structured dog run and built-in kennels, already operational and ideal for breeding, boarding, or training. The property also features horse stables, enhancing its versatility for equestrian or agricultural use. The land offers privacy, usability, and expansion potential, with an option to purchase additional acreage for those looking to grow their investment footprint. Whether you’re seeking a multi-income property, event venue, short-term rental portfolio, or live-work setup, this property delivers a rare combination in today’s market. For more details or to schedule a private tour, please contact the listing agent.

Investor Tools

$0Estimated Mortgage Balance
$191,910Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$16,500 /month
Positive
Cash Flow Estimate:
$5,500 /month

Interested in this property?

Jorge Martinez

Norvell & Co LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$310/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,762
$191,910
2025
$11,800
$180,110
$191,910
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,762
$191,910

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$191,910
100%
0%
$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.

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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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552 Vz County Road 2142 | Property Details | No Agent List