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$957,000

NAL Estimated Property Value

7078 Edgewater Drive, Willis, TX, 77318

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,010 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.31 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

High Equity

Highlights

Interior

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

Exterior

Exterior FeaturesBalcony, Boat Slip
Lot Size11,480 sqft

Building Information

Year Built2000
Stories2
Roof Type105
Garage Spaces3

Land Information

APN8625-01-11200
Lot Number32
SubdivisionSeven Coves 01
Land UseResidential
Legal DescriptionSEVEN COVES 01, BLOCK 5, LOT 32
Census Tract694206
Assessed Land Value$158,424
Assessed Improvement Value$1,062,587
Assessment Year2025

About this property

Prepare to be impressed as you approach this beautiful waterfront home, located a quick 25 minutes from Exxon-Mobil campus! Home features include leaded glass entry doors, Italian porcelain tile floors with marble inlay,soaring ceilings and spectacular views of the water. Two bedrooms down, beautiful gourmet kitchen with HUGE island/breakfast bar, granite counters, two gas log fireplaces, recessed lighting, interior-soaring ceilings, Italian porcelain tile floors, coffered ceilings, two fireplaces, custom cabinets, built in china cabinet, custom drapes, electric boat lift, 2 jet ski lifts, sink on boat dock, concrete bulkhead. Great Open-water views from large cove location. Extra large lot, TWO BEDROOMS DOWN, SO MUCH MORE!

Investor Tools

Property Icon
$957,000
Estimated Property Value
$934,852Estimated Mortgage Balance
$22,148Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,742 /month
Positive
Cash Flow Estimate:
$1,914 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,720/month
$425/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,851
$957,000
2025
$158,424
$1,062,587
$1,221,011
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,851
$957,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$510,400
No
First
Jul 10, 2020
Aug 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$934,852
$22,148
2%
98%
$6,122/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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7078 Edgewater Drive | Property Details | No Agent List