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$494,000

NAL Estimated Property Value

648 Willow Dr, Oak Point, TX, 75068

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,698 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$207.56 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet

Exterior

Exterior FeaturesRain Gutters
Lot Size8,189 sqft

Building Information

Year Built2017
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR672421
Lot Number13
SubdivisionWoodridge Estates Phase Three
Land UseResidential
Legal DescriptionWOODRIDGE ESTATES PHASE THREE BLK P LOT 13
Census Tract020115
Assessed Land Value$110,555
Assessed Improvement Value$361,590
Assessment Year2025

About this property

Stunning 4-Bedroom Home with Lake Access, Lush Greenbelt Views & Dream Garage Welcome to your perfect retreat! This beautifully maintained 4-bedroom, 3-bathroom home offers the ideal blend of comfort, privacy, and outdoor adventure. Tucked away in a peaceful neighborhood and backing directly to a serene greenbelt, you'll enjoy both tranquility and natural beauty right from your backyard. Step inside to find a spacious, light-filled layout with thoughtful finishes throughout. The open-concept living and dining areas are perfect for entertaining, while the gourmet kitchen boasts modern appliances and ample counter space. The real showstopper? The backyard oasis. Backing to protected greenbelt land, it offers unmatched privacy, room to relax or entertain, and gorgeous views year-round. Whether you're enjoying quiet mornings or lively gatherings, this outdoor space delivers. For car lovers or hobbyists, the 3-car fully insulated garage is a rare find—perfect man cave, for storage, a workshop, or your weekend projects. Located in Oak Point with private lake access and boat docks, this location is a dream for water enthusiasts. Whether it’s kayaking, boating, or fishing, life by the lake has never been more convenient. Oak Point residents get boat and car access to the Oak Point Boat Ramp, 3 miles away, for $25 a year or the Little Elm Boat Ramp, 3.4 miles away, for $75 a year.

Investor Tools

Property Icon
$494,000
Estimated Property Value
$354,316Estimated Mortgage Balance
$139,684Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,360 /month
Positive
Cash Flow Estimate:
$1,120 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$923/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,610
$472,145
2025
$110,555
$361,590
$472,145
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,610
$472,145

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Geneva Financial Llc
Conventional
$388,000
No
First
Oct 21, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$354,316
$139,684
28%
72%
$2,327/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$2,727/mo
+$1,023/mo
9.1%

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: Oak Point

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648 Willow Dr | Property Details | No Agent List