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B+
NoAgentList RatingHow are grades calculated? Info

$281,000

860 Fm 2965, Wills Point, TX, 75169

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,440 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.6 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Electric Oven, Plumbed For Ice Maker
FlooringCarpet, Laminate

Exterior

Lot Size20,038 sqft

Building Information

Year Built1979
Stories1
Garage Spaces2

Land Information

APN086.5180.0000.0022.0000
Lot Number22
Land UseResidential
Legal DescriptionACRES: 0.460 BLK: LOT: 22 ADDN: GORDON
Census Tract950400
Assessed Land Value$24,240
Assessed Improvement Value$229,415
Assessment Year2025

About this property

This charming 3 bedroom 2 bath is THE place to call home in Wills Point. This precious home will not last long. Property has updates including FRESH PAINT, laminate wood flooring in bedrooms, & a nice size living area with fireplace. It is complete with laundry room and spacious two car garage. For a relaxing evening, or a get together with family and friends, go out back to the large fenced in back yard. This home boasts plenty of space for a growing family or someone looking to move out to the country for a quiet setting in a small town.

Investor Tools

Property Icon
$281,000
Estimated Property Value
$174,087Estimated Mortgage Balance
$123,848Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,686 /month
Positive
Cash Flow Estimate:
$562 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$329/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,539
$253,655
2025
$24,240
$229,415
$253,655
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,539
$253,655

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$174,087
No
First
Apr 29, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,152
$123,848
44%
56%
$1,044/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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