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$299,900

8233 Willis Ln, Watauga, TX, 76148

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,461 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$205.27 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave

Exterior

Lot Size8,063 sqft

Building Information

Year Built1986
Stories1
Garage Spaces2

Land Information

APN14610-62-25
Lot Number25
SubdivisionFoster Village Addition
Land UseResidential
Legal DescriptionFOSTER VILLAGE ADDITION BLOCK 62 LOT 25
Census Tract113803
Assessed Land Value$50,000
Assessed Improvement Value$186,000
Assessment Year2025

About this property

Beautifully maintained 3-bedroom, 2-bath home in the highly sought-after Keller ISD! This inviting home offers comfortable living spaces, thoughtful updates, and plenty of room to enjoy both indoors and out. The spacious primary suite features an updated bathroom with a large walk-in shower. Step outside to the generous covered back porch, perfect for relaxing, entertaining, or enjoying your morning coffee. Major updates include a new HVAC system in 2019, water heater in 2025, and roof in 2023, providing added peace of mind. With no HOA, this home offers added flexibility and convenience. Don’t miss the opportunity to make this charming and well-maintained home your own!

Investor Tools

$89,390Estimated Mortgage Balance
$204,610Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Matt Handler

221 Realty Advisors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$381/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,104
$236,000
2025
$50,000
$186,000
$236,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,104
$236,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$115,040
No
First
Mar 21, 2016
Apr 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$89,390
$204,610
69%
30%
$690/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
$690/mo
+$1,800/mo
10.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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: Watauga

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8233 Willis Ln | Property Details | No Agent List