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$294,860

NAL Estimated Property Value

825 Terrace Dr, Wills Point, TX, 75169

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,438 Sq Ft
price_per_sqft$114.85 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size13,504 sqft

Building Information

Year Built1973
Stories1
Garage Spaces2

Land Information

APN084.5800.0007.0008.0000
Lot Number8
Land UseResidential
Legal DescriptionACRES: 0.310 BLK: 7 LOT: 8 ADDN: WYNNE ADDN
Census Tract950500
Assessed Land Value$18,320
Assessed Improvement Value$276,540
Assessment Year2025

About this property

Totally remodeled 3 bedroom 2 bath brick home with plenty of yard for your growing family. Home has new windows, new flooring, new cabinets, new kitchen appliances, and fresh paint. The New HVAC will keep you cool in the summer heat. Situated on a large lot ts a must see.

Investor Tools

Property Icon
$294,860
Estimated Property Value
$247,870Estimated Mortgage Balance
$46,990Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,769 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$595/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,664
$294,860
2025
$18,320
$276,540
$294,860
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,664
$294,860

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$266,000
No
First
Sep 16, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,870
$46,990
15%
84%
$1,595/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.

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: Wills Point

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825 Terrace Dr | Property Details | No Agent List