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$522,000

NAL Estimated Property Value

1871 Fm 56, Valley Mills, TX, 76689

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,910 Sq Ft
price_per_sqft$274.87 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesGas Water Heater
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesOther
Lot Size6.86 acres

Building Information

Year Built2023
Garage Spaces2

Land Information

APNR41050
Land UseFarm & Ranch Improved - Rural Residence
Legal DescriptionABST A0959 MORGAN, E P
Census Tract950700
Assessed Land Value$116,812
Assessed Improvement Value$398,532
Assessment Year2025

About this property

Stunning Move-In Ready Home on 6.86 Acres in Valley Mills, TX! This newly built 2023 home is the perfect blend of country living and modern amenities. The home offers 3 spacious bedrooms, 2 bathrooms, and a versatile flex room currently used as a playroom but could easily be used as an office or hobby room. The open floor plan has raised ceilings and features a gourmet kitchen with stainless steel appliances, granite counters, a large island, and unique brick wall accents. Enjoy the warmth of the cozy living room with the beautiful wood-burning fireplace and custom mantle. This open concept has so much natural light too from walls of windows. The isolated primary suite includes dual vanities, a walk-in tiled shower, large bathtub, nice counters and a generous walk-in closet. Two additional bedrooms share a hall bathroom that has a tub/shower combo. Lovely fixtures throughout add to the home's charm. Relax on the front and back porches while taking in the peaceful surroundings. Additional features include spray foam insulation, a 2-car front-entry garage, a pantry, and a laundry room with granite counters. The expansive 6.86-acre property offers privacy, a chicken coop, and is fully fenced—perfect for your outdoor activities. Don’t miss this incredible opportunity! Valley Mills ISD.

Investor Tools

Property Icon
$522,000
Estimated Property Value
$454,643Estimated Mortgage Balance
$67,357Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$736/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,226
$515,344
2025
$116,812
$398,532
$515,344
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,226
$515,344

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$463,500
No
First
Apr 4, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$454,643
$67,357
12%
87%
$2,779/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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1871 Fm 56 | Property Details | No Agent List