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$202,000

NAL Estimated Property Value

231 E Water, Milford, TX, 76670

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,402 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.58 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Electric Range

Exterior

Lot Size6,534 sqft

Building Information

Year Built2023
Stories1
Roof Type105
Garage Spaces2

Land Information

APN58.6224.901.006.00.109
Lot Number6
SubdivisionMill Creek Estates Addn
Land UseResidential
Legal DescriptionLOT 6 BLK A MILL CREEK ESTATES ADDN 0.15 AC
Census Tract061000
Assessed Land Value$40,000
Assessed Improvement Value$196,002
Assessment Year2025

About this property

Discover this charming 3-bedroom, 2-bathroom home spanning 1,402 square feet. Located in a desirable new subdivision, it offers an open concept living area perfect for modern lifestyles. The kitchen features granite countertops and flows seamlessly into the living space, ideal for family gatherings and entertaining. The master suite provides a peaceful retreat, while the additional bedrooms are perfect for children, guests, or a home office. Enjoy the convenience of an attached 2-car garage and the benefits of living in a well-maintained community. Schedule your viewing today and make this beautiful new home yours!

Investor Tools

Property Icon
$202,000
Estimated Property Value
$187,185Estimated Mortgage Balance
$14,815Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$200/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,393
$102,899
2025
$40,000
$196,002
$236,002
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,393
$102,899

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nqm Funding Llc
Conventional
$188,000
No
First
Feb 20, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$187,185
$14,815
7%
93%
$1,128/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,128/mo
+$844/mo
11.7%

City: Milford

231 E Water | Property Details | No Agent List