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$91,683

NAL Estimated Property Value

202 2nd Street, Valley Mills, TX, 76689

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths1,450 Sq Ft
WarehouseWarehouse
Year BuiltBuilt in 1940

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringWood

Building Information

Year Built1940

Land Information

APNR29498
Lot Number8
Land UseCommercial
Legal DescriptionVALLEY MILLS OT BLOCK 2 LOT 8(PT), 9(PT) & 10(PT) ACRES 0.095
Census Tract950700
Assessed Land Value$58,900
Assessed Improvement Value$32,783
Assessment Year2025

About this property

Rustic barn located in the heart of Valley Mills, Texas. This metal barn is currently being used as an overflow retail antique storage area. There is a bathroom with a small vanity, multiple storage areas within the building and utilities such as water, sewer and electric available. Old plywood floors and wooden framing throughout makes it very rustic feeling and nostalgic. At one time it was used as a feed store and that country vibe has been carried on with some basic updates to make it usable for storage and sales of antiques. It could use some TLC in places but overall it has been a good overflow building for a larger antique business in town. Use your imagination and make it what you want! Located on a corner lot in town. Has parking in the front and side of the building. There are metal sliding doors for access on the side and front.

Investor Tools

Property Icon
$91,683
Estimated Property Value
$217,342Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$630 /month
Positive
Cash Flow Estimate:
$210 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$155/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,396
$91,683
2025
$58,900
$32,783
$91,683
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,396
$91,683

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Central National Bank
Commercial
$264,646
No
First
Sep 27, 2017
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,342
N/A
0%
237%
$1,587/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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202 2nd Street | Property Details | No Agent List