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$359,000

NAL Estimated Property Value

6981 Leisure Ln, Willis, TX, 77318

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,187 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$169.18 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Dryer, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size10,604 sqft

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces3

Land Information

APN8625-02-13400
Lot Number66
SubdivisionSeven Coves 02
Land UseResidential
Legal DescriptionS862502 - SEVEN COVES 02, BLOCK 4, LOT 66
Census Tract694206
Assessed Land Value$94,163
Assessed Improvement Value$262,663
Assessment Year2025

About this property

Single-family 3 bedroom, 2 and a half bath home situated on an oversized corner lot in sought-after lake community Seven Coves. Split floor plan offers privacy and comfort for families or guests. Three-car garage provides ample space for vehicles, storage, or even a workshop. So much natural light and so many interesting architectural details in this home. Enjoy access to resort-style amenities, including tennis courts, a community swimming pool, marina, boat ramp, basketball courts, and playground. Walking distance to the lake. Lake visible from the end of the street.

Investor Tools

Property Icon
$359,000
Estimated Property Value
$358,484Estimated Mortgage Balance
$516Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,220 /month
Positive
Cash Flow Estimate:
$740 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$694/month
$575/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,527
$356,826
2025
$94,163
$262,663
$356,826
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,527
$356,826

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Va
$363,805
Yes
First
Jul 23, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$358,484
$4,516
1%
100%
$2,182/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: Willis

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6981 Leisure Ln | Property Details | No Agent List