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$39,900

2492 Oakwood Dr, Wills Point, TX, 75169

$51,870 ARVInfo
On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,328 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$30.05 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

ARV FlipAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
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

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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

City: Wills Point

2492 Oakwood Dr | Property Details | No Agent List