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Days201Days on Market
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$474,900

$499,900

9938 John Flowers Rd Fl Owers, Wills Point, TX, 75169

On MarketInfo
Price DropInfo
Beds5 Beds
Baths4 Bath
Baths2,500 Sq Ft
price_per_sqft$189.96 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 4Bathrooms 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Vented Exhaust Fan
FlooringVinyl

Exterior

Exterior FeaturesBalcony, Rain Gutters, Lighting, Storage
Lot Size28,061 sqft

Building Information

Year Built1983
Stories2
Roof Type105
Garage Spaces5

Land Information

APN2346-0000-3770-56
Lot Number377-380
SubdivisionBrinwood Shores Addition Sec B
Land UseResidential
Legal DescriptionS2346 BRINWOOD SHORES ADDITION SEC B LOT 377-380 ACRES .6442
Census Tract961700
Assessed Land Value$71,830
Assessed Improvement Value$393,640
Assessment Year2025

About this property

Discover this beautiful 5 bedroom, 4 bath 2 story home located at lake Tawakoni, offering approximately 2,500 sq ft of comfortable living space on an oversized lot. Designed for everyday living and entertaining, this updated home delivers generous indoor and outdoor gathering areas. The back porch is already piped for a future outdoor kitchen of your dreams, take in peaceful lake views from the upstairs balcony. A rare highlight is the second primary bedroom with a private ensuite offering excellent flexibility for multi-generational living or guests. Additional property features include a greenhouse, oversized 2 story detached garage and covered RV parking. With its lakeview setting, oversized lot and versatile layout, this property offers incredible potential as a full time residence, vacation home, or income producing investment.

Investor Tools

$314,335Estimated Mortgage Balance
$206,140Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,120 /month
Positive
Cash Flow Estimate:
$1,040 /month

Interested in this property?

Melisa Crooks

OnDemand Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$762/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,548
$465,470
2025
$71,830
$393,640
$465,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,548
$465,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crown Capital Income Fund Lp
Commercial
$319,000
No
First
Aug 8, 2025
Sep 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$314,335
$205,665
39%
60%
$1,913/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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9938 John Flowers Rd Fl Owers | Property Details | No Agent List