$165,000
NAL Estimated Property Value1516 S 8 Street, Chillicothe, TX, 79225
Property Lead Type:
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Interior
About this property
This property is out of the city limits but on city water. It also has 3 water wells. The solar well is 35 ft deep. The well in the well house is 100 ft. A new well was dug in August of 2023 has not been set up yet but it is hooked up to the Seymour Aquifer and is 37 ft. deep. The septic tank was recently cleaned out.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Chillicothe
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