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$510,000

NAL Estimated Property Value

1863 Fm 56, Valley Mills, TX, 76689

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,834 Sq Ft
price_per_sqft$272.63 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size1 acre

Building Information

Year Built2000

Land Information

APNR29513
Land UseResidential
Legal DescriptionABST A0959 MORGAN, E P HDQTRS
Census Tract950700
Assessed Land Value$10,776
Assessed Improvement Value$311,677
Assessment Year2025

About this property

This gorgeous 16 acre Bosque county property is the perfect place to enjoy Texas sunsets. This property has a rolling landscape, many trees, a pond and is fenced. Property has a small barn ready for a horse or two and a 20x24 workshop. Home features include a large living room with wood burning fireplace and many windows, an open kitchen concept, dining area, vaulted ceilings and ceiling fans throughout. The primary suite features a shower with bench, built-in shelving and walk-in closet. The other bedrooms are split from the primary. The laundry room is near the primary suite and has built-in storage.

Investor Tools

Property Icon
$510,000
Estimated Property Value
$289,219Estimated Mortgage Balance
$220,781Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,060 /month
Positive
Cash Flow Estimate:
$1,020 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$588/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,511
$322,453
2025
$10,776
$311,677
$322,453
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,511
$322,453

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wallick & Volk Inc
Conventional
$300,000
No
First
May 14, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$289,219
$220,781
43%
57%
$1,799/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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1863 Fm 56 | Property Details | No Agent List