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$240,000

10830 Paradise Lane 1.6 Acres, Wills Point, TX, 75169

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,248 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$192.31 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesElectric Range, Microwave, Refrigerator

Exterior

Exterior FeaturesDeck, Storage
Lot Size38,263 sqft

Building Information

Year Built1984
Stories1

Land Information

APN5312-000Z-0460-56
Lot Number19-26
SubdivisionWaco Bay Estates Phase 3
Land UseResidential
Legal DescriptionS5312 WACO BAY ESTATES PHASE 3 BLK Z LOT 19-26 & 45-52 & 70-75 ACRES .8784
Census Tract961700
Assessed Land Value$43,240
Assessed Improvement Value$35,800
Assessment Year2025

About this property

Rare opportunity to own approximately 1.6 acres in Wills Point! Offered together for $240,000, these two adjacent properties provide a unique combination of move-in-ready living and future investment potential. The 1984 mobile home sits on approximately .878 acres and offers 2 bedrooms, 2 bathrooms, over 1,500 sq. ft. (buyer to verify), two living areas, select kitchen and primary bathroom updates, new flooring in the living areas, and three outbuildings for additional storage. The sellers have taken great care of the home, making it a great option for a starter home or anyone looking to downsize. No HOA, and the property is being sold as-is. The adjoining .7231-acre property features an older home in poor condition that may be best suited for removal and rebuilding. Together, the properties offer an opportunity for multi-generational living, future investment, or a new build, subject to local requirements and buyer verification. Water and electricity are available on the additional property, along with an existing septic system; buyers should verify the condition and suitability of all utilities and systems. Entry into the existing structure is not recommended due to its condition. SEE MLS#21419227 & #21419289 Conveniently located approximately 8 minutes from Duck Cove boat ramp and 15 minutes from Lake Tawakoni State Park. Both properties are available for purchase together or separately, offering flexibility for buyers looking for a move-in-ready home, additional land, or future investment potential. Buyer to verify all property information, square footage, measurements, utilities, building requirements, and intended uses.

Investor Tools

$0Estimated Mortgage Balance
$147,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

Interested in this property?

Jennifer Martinez

Exit Realty Pinnacle Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$157/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,144
$79,040
2025
$43,240
$35,800
$79,040
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,144
$79,040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$147,000
100%
0%
$0/mo

City: Wills Point

10830 Paradise Lane 1.6 Acres | Property Details | No Agent List