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$313,000

NAL Estimated Property Value

1153 One Mile Ln, Riesel, TX, 76682

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,685 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.11 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesMicrowave, Refrigerator, Vented Exhaust Fan, Electric Water Heater
FlooringLaminate

Exterior

Exterior FeaturesRain Gutters
Lot Size2.72 acres

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces3

Land Information

APN420017000098018
SubdivisionGalindo I
Land UseResidential
Legal DescriptionGALINDO I ACRES 2.724
Census Tract003602
Assessed Land Value$40,330
Assessed Improvement Value$328,720
Assessment Year2025

About this property

Welcome to your own piece of Texas living! This charming 3-bedroom, 1.5-bathroom home has a generous 1,685 square feet of living space, perfect for comfortable family living. The kitchen has a great amount of cabinet space, making storage a breeze, while the formal dining area creates the perfect setting for family gatherings. This home sits in 2.72+/- acres with no restrictions! A standout feature is the separate workshop with apartment space, both running on independent meters - ideal for a home business or guest quarters. The roof, replaced just two years ago. But the outdoor space is where this property truly shines. A large pond to enjoy fishing and sunsets! Located near Tradinghouse Lake Park and local schools, this home combines countryside living with convenient access to amenities and only 15 minutes from Waco . The spacious lot provides plenty of room to roam, garden, or simply enjoy the peaceful Texas sunset from your back porch. It's more than just a house - it's a place to call home.

Investor Tools

Property Icon
$313,000
Estimated Property Value
$274,650Estimated Mortgage Balance
$38,350Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,878 /month
Positive
Cash Flow Estimate:
$626 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$287/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,876
$310,477
2025
$40,330
$328,720
$369,050
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,876
$310,477

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Texas
Va
$280,000
Yes
First
Apr 2, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,650
$38,350
12%
88%
$1,679/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$1,679/mo
$-249/mo
5.5%

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.

Explore Texas Explore This Area
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: Riesel

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1153 One Mile Ln | Property Details | No Agent List