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$499,000

$515,000

871 VZ County Road 2602, Wills Point, TX, 75169

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,925 Sq Ft
price_per_sqft$259.22 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Gas Cooktop

Exterior

Exterior FeaturesFire Pit
Lot Size7.50 acres

Building Information

Year Built1990
Stories1
Garage Spaces2

Land Information

APN086.0041.0238.0000.0000
Land UseFarm/Ranch, House
Legal DescriptionACRES: 7.500 ABST: 41 SUR: W F C BUTLER
Census Tract950400
Assessed Land Value$128,630
Assessed Improvement Value$252,540
Assessment Year2025

About this property

Escape to peaceful country living with this inviting 3-bedroom, 2-bathroom home offering approximately 1,925 sq ft of comfortable living space on a generous 7.5-acre property. Built in 1990, this well-maintained residence combines classic charm with practical features that make it ideal for families, hobby farmers, or savvy investors. Step inside to find a functional layout perfect for everyday living and entertaining. The home features beautiful front, back, and side yards that create a welcoming setting with room to breathe and play. Outside, an awesome fire pit area serves as the perfect gathering spot for cool evenings under the Texas sky—roast marshmallows, tell stories, or simply unwind after a day on the land. Additional highlights include a detached garage-workshop, providing valuable space for projects, storage, vehicles, or equipment—essential for any rural lifestyle. Currently operating as a Short Term Rental. The true star of this property is the 7.5 acres that flow naturally around the home, offering endless possibilities to build additional stuctures, farm, ranch, or just to enjoy the wide open space. As Texas continues to grow, a little elbow room is always welcome. The wrap around land has it's own road frontage and is absolutely beautiful. Located in Van Zandt County, this property offers convenient access to local amenities, Wills Point schools, and Interstate 20 while delivering the tranquility of country acreage. Whether you're looking for a primary residence, weekend getaway, or income-producing investment with expansion potential, this versatile property checks every box.

Investor Tools

$329,886Estimated Mortgage Balance
$143,114Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

Interested in this property?

Sam Deen

Deen Property Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$464/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,205
$381,170
2025
$128,630
$252,540
$381,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,205
$381,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Airlines Fcu
Conventional
$340,000
No
First
Nov 22, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$329,886
$143,114
30%
70%
$2,039/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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871 VZ County Road 2602 | Property Details | No Agent List