204 N Shirley Ln

Willis, TX 77378
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3 bd, 1.5 ba | 1,090 sqft | Built in 1983

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List Price
$175,000

Initial Investment

$47,688

Purchase Price

$175,000

Down Payment

25%

Rent

$1,410

Total Return

$54,706

Annualized Return

16.5%

Cap Rate

5.6%

Gross Yield

9.7%

Cash Flow

-$349

Appreciation

5.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,499

HOA

None

Flood Risk

Not Required

Charming one-story home located in the heart of Willis! This adorable 3-bedroom, 1.5-bath residence offers cozy comfort and a functional layout—perfect for first-time buyers, downsizers, or investors. Enjoy the convenience of being just minutes from schools, shops, and dining, with beautiful Lake Conroe only 15 minutes away for weekend fun. With its welcoming curb appeal and prime location, this home offers the perfect blend of small-town charm and easy access to outdoor recreation. Don’t miss this great opportunity!

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NEIGHBORHOOD

SCHOOLS

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Ariana White
EXP Realty, LLC
TX Agent License #714146

Annual Financial Highlights

Expected Rent

$16,074

Expenses

-$2,969

Property Taxes

-$3,940

Loan Payments

-$9,514

Net Cash Flow

-$349

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Listing Courtesy of:Jaclyn Tilley
Agent License 0662732
Connect Realty.com
Certified Agent Brokerage:Ariana White
EXP Realty, LLC
TX Brokerage License 603392
SourceHouston Association of REALTORS®
MLS #20163131
Last Updated: 04/18/2025 21:04
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.