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$368,000

NAL Estimated Property Value

7178 Edgewater Drive W, Willis, TX, 77318

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,141 Sq Ft
price_per_sqft$115.83 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Electric Range, Electric Oven, Oven
FlooringCarpet, Laminate, Tile

Exterior

Lot Size10,229 sqft

Building Information

Year Built1989
Stories1
Roof Type105
Garage Spaces3

Land Information

APN8625-01-12700
Lot Number47
SubdivisionSeven Coves 01
Land UseResidential
Legal DescriptionSEVEN COVES 01, BLOCK 5, LOT 47
Census Tract694206
Assessed Land Value$81,832
Assessed Improvement Value$268,912
Assessment Year2025

About this property

SEVEN COVES Custom Home that you must see for yourself. The front door opens to rich wood flooring leaving to formal dining and living room on left for those special occasions and events. Continuing down the hall you enter the comfortable area that was created for living and relaxing. The split floor plan offers a spacious kitchen with granite counter tops, many cabinets and a large kitchen window. The breakfast nook generously spaced for seating, wine rack and/or hutch. The Master Suite is also spacious with great windows bring in the outdoor lighting to warm the room. Master suite is equipped with separate shower and tub with a closet that is a must see. The secondary bedrooms and bath are located towards the back of the home; both with room for complete bedroom sets with the secondary full bath just across the hall. Relax after a hard day in the backyard on this 1/3 of an ac lot, with a covered patio, sprinkler system, and over sized garage.

Investor Tools

Property Icon
$368,000
Estimated Property Value
$196,649Estimated Mortgage Balance
$171,351Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,208 /month
Positive
Cash Flow Estimate:
$736 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$455/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,618
$350,744
2025
$81,832
$268,912
$350,744
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,618
$350,744

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Conventional
$228,000
No
First
Jun 4, 2019
Jul 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$196,649
$171,351
46%
53%
$1,367/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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7178 Edgewater Drive W | Property Details | No Agent List