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$199,000

NAL Estimated Property Value

156 Cresthill Cir, Valley Mills, TX, 76689

$207,124 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,206 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.28 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Range, Electric Water Heater
FlooringCarpet, Linoleum

Exterior

Lot Size19,166 sqft

Building Information

Year Built1981
Stories1
Roof Type105
Garage Spaces1

Land Information

APN460755000054007
Lot Number2
SubdivisionRivercrest Est
Land UseResidential
Legal DescriptionRIVERCREST EST LOT 2 BLOCK 2 ACRES .44
Census Tract004000
Assessed Land Value$22,810
Assessed Improvement Value$131,180
Assessment Year2025

About this property

Lots of potential on this 3 bedroom 2 bath home in the popular Rivercrest Subvision outside of Valley Mills. The lot is appox .44 acres and covered with trees for plenty of shade. Detached carport and fenced on one side. Two storage buildings and room to add more if needed. The home has a new roof, seamless gutters and the HVAC has been replaced recently as well. Built in 1981 and ready for someone to make their own. Covered back porch for coffee in the morning. Kitchen is spacious with a small dining area off of it. Master bedroom has a tiled shower and single vanity. Guest bathroom is in the hallway next to the laundry area. Cute place with curb appeal and great location outside of town. To be sold as is.

Investor Tools

Property Icon
$199,000
Estimated Property Value
$159,539Estimated Mortgage Balance
$39,461Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$207,124
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$147/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$768
$153,990
2025
$22,810
$131,180
$153,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
$768
$153,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Key Bank Na
Unknown
$160,000
No
First
Mar 12, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$159,539
$39,461
19%
80%
$960/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,360/mo
$960/mo
+$400/mo
8.2%

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.

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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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156 Cresthill Cir | Property Details | No Agent List