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$208,000

NAL Estimated Property Value

8696 Sassafras St, Willis, TX, 77318

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,400 Sq Ft
price_per_sqft$142.14 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,530 sqft

Building Information

Year Built1965
Stories2
Roof Type105
Garage Spaces2

Land Information

APN9462-02-14400
Lot Number46-48
SubdivisionWalnut Cove 02
Land UseResidential
Legal DescriptionWALNUT COVE 02, BLOCK 2, LOT 46-48
Census Tract694204
Assessed Land Value$33,885
Assessed Improvement Value$147,889
Assessment Year2025

About this property

Welcome to your dream home in the heart of Willis TX! This beautifully renovated 4-bedroom, 2-bathroom house is the perfect blend of modern amenities and cozy charm. Nestled on a spacious lot, backing up to a ravine, this property offers ample space for both relaxation and recreation. Property features tiny home on property, ready to be finished out to your needs. Covered parking area for your boat, vehicles or golf cart.

Investor Tools

Property Icon
$208,000
Estimated Property Value
$189,530Estimated Mortgage Balance
$18,470Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,248 /month
Positive
Cash Flow Estimate:
$416 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$282/month
$1/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,348
$181,774
2025
$33,885
$147,889
$181,774
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,348
$181,774

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zillow Home Loans Llc
Fha
$196,278
Yes
First
Jun 27, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,530
$7,470
3%
91%
$1,177/mo

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.

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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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8696 Sassafras St | Property Details | No Agent List