$39,900
2492 Oakwood Dr, Wills Point, TX, 75169
$51,870 ARV
On Market
Just Added
Property Lead Type:
ARV FlipAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesElectric Cooktop, Electric Oven, Electric Range
FlooringCarpet, Luxury Vinyl Plank
Exterior
Exterior FeaturesAwnings
Lot Size21,000 sqft
Building Information
Year Built1985
Stories1
Garage Spaces2
Land Information
APN5311-000K-0550-56
Lot Number55-66
SubdivisionWaco Bay Estates Phase 2
Land UseResidential
Legal DescriptionS5311 WACO BAY ESTATES PHASE 2 BLK K LOT 55-66 ACRES .4821
Census Tract961700
Assessed Land Value$34,860
Assessed Improvement Value$39,820
Assessment Year2025
About this property
Investor special project home. Home built on manufactured frame and expanded features two bedrooms plus bonus office space and detached garage shop. Home sits on two lots and currently has access from Oakwood but a separate entrance from Elmwood could be added for another shop or back entry way to the property. Home is being sold as is no owner finance available. You would be hard pressed to find a deal at this price point Grab your hard money lender and tools and get this one before it is gone
Investor Tools
$0Estimated Mortgage Balance
$112,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$51,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$672 /month
Positive
Cash Flow Estimate:
$224 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$137/month
$165/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,081
$74,680
2025
$34,860
$39,820
$74,680
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,081
$74,680
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$112,000
100%
0%
$0/mo
