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$1,060,500

1519 Fm 2490, Valley Mills, TX, 76689

On MarketInfo
Beds— Beds
Baths— Bath
Baths1,581 Sq Ft
Year BuiltBuilt in 1993

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size1.22 acres

Building Information

Year Built1993

Land Information

APNR05193
Land UseResidential
Legal DescriptionABST A0157 CHAPMAN, J
Census Tract950400
Assessed Land Value$9,486
Assessed Improvement Value$180,654
Assessment Year2025

About this property

The Sheek Creek Ranch is ideally located between Lake Whitney and Lake Waco in southern Bosque County, just 4 miles north of the McLennan County line, 10 miles from Valley Mills, and a short 20-mile drive to the Magnolia Market at the Silos, the Dr. Pepper Museum in Waco, or a Saturday lunch at the Homestead Market. The property has approximately 1/4-mile frontage along paved FM-2490, with an existing gate at the southeast corner. This unimproved property offers an opportunity to build your dream home or escape the distractions of daily life in favor of the simplicity of a rural lifestyle. TOPOGRAPHY, RANGELAND & HABITAT: The property has a desirable rectangular shape, with approximately 40 feet of elevation change from the west corner to the east corner. Typical of this region of the northern hill country, black soils overlay the limestone rock base and are dotted with mature live trees, mesquite, elms, and hackberry. WILDLIFE: The Sheek Creek Ranch wildlife benefits from being located 1.5 miles west of the Brazos River, as this transition area provides ideal habitat for many game species. These include populations of white-tailed deer, turkeys, feral hogs, doves, and a plethora of songbirds. The wet-weather Sheek Creek provides a base for diverse habitats, good forage, and thermal cover for wildlife in both winter and summer. Additionally, the ranch is bordered by larger tracts of property, providing respite for wildlife and ultimately attracting it.

Investor Tools

$0Estimated Mortgage Balance
$299,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,363 /month
Positive
Cash Flow Estimate:
$2,121 /month

Interested in this property?

J Bryan Pickens

Republic Ranches, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$197/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$869
$190,140
2025
$9,486
$180,654
$190,140
No

Tax History

Year
Tax Paid
Assessed Value
2025
$869
$190,140

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$299,000
100%
0%
$0/mo

City: Valley Mills

1519 Fm 2490 | Property Details | No Agent List