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$237,000

NAL Estimated Property Value

977 Oak Terrace Dr, Willis, TX, 77378

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,494 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$113.72 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Electric Range, Electric Oven
FlooringCarpet, Laminate

Exterior

Lot Size5,001 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces2

Land Information

APN7668-00-08100
Lot Number7
SubdivisionOlde Oaks 01
Land UseResidential
Legal DescriptionOLDE OAKS 01, BLOCK 4, LOT 7
Census Tract694105
Assessed Land Value$27,005
Assessed Improvement Value$186,362
Assessment Year2025

About this property

This lovely 1-story home features a great open floor plan, perfect for family and entertaining; natural light flows in from every angle. Large Master Bedroom with en-suite bath, large Living/Family room, 2 Dining areas, great Kitchen with plenty of cabinets and counter space. Spacious backyard has full shade trees and so much more. Conveniently located to I-45. Conroe and The Woodlands are just minutes away. Amenities abound in this growing area including restaurants, shopping and great schools. Lake Conroe is just a few miles away!

Investor Tools

Property Icon
$237,000
Estimated Property Value
$144,913Estimated Mortgage Balance
$92,087Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,422 /month
Positive
Cash Flow Estimate:
$474 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$351/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,024
$213,367
2025
$27,005
$186,362
$213,367
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,024
$213,367

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$164,803
No
First
Mar 13, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$144,913
$92,087
38%
61%
$989/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.

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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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977 Oak Terrace Dr | Property Details | No Agent List