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$192,000

NAL Estimated Property Value

113 Mary Alice Dr, Valley Mills, TX, 76689

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,360 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$58.09 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesNone
FlooringCombination

Building Information

Year Built1983

Land Information

APNR02596
Lot Number7
Land UseResidential
Legal DescriptionLONE TREE ADDN LOT 7
Census Tract950700
Assessed Land Value$28,125
Assessed Improvement Value$133,645
Assessment Year2025

About this property

This is a hud home case number 513-226218 and can be seen at hudhomestore.gov. This 2 bedroom 1 bath corner lot home is on a great corner lot in the quiet town of Valley Mills, The house is loaded with potential and priced to sell. The house will need painting, flooring, and a few other things to bring it back to life. The values in the area show this to be a good buy for the savvy buyer. Bring a paint brush after closing and your imagination and you will do fine. Easy to show!

Investor Tools

Property Icon
$192,000
Estimated Property Value
$73,857Estimated Mortgage Balance
$118,143Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,152 /month
Positive
Cash Flow Estimate:
$384 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$316/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,826
$161,770
2025
$28,125
$133,645
$161,770
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,826
$161,770

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$75,295
Yes
First
Apr 9, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$73,857
$118,143
61%
38%
$452/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.

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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: Valley Mills

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113 Mary Alice Dr | Property Details | No Agent List