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$272,000

NAL Estimated Property Value

306 3rd Street, Valley Mills, TX, 76689

Off MarketInfo
Beds5 Beds
Baths2 Bath
Baths1,906 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$93.91 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 2Bathrooms 2
AppliancesOther
FlooringCarpet, Laminate

Building Information

Year Built1940

Land Information

APNR07417
Lot Number17-20
Land UseResidential
Legal DescriptionVALLEY MILLS OT BLOCK 10 LOT 17-20 & PT OF ABND ALLEY ON N/SIDE
Census Tract950700
Assessed Land Value$48,750
Assessed Improvement Value$201,038
Assessment Year2025

About this property

Spacious 5 bedroom home with 1.5 baths located in the heart of Valley Mills, offering approximately 1,906 square feet of comfortable living space. This property provides plenty of room for a growing family, guests, or a home office setup. Recent updates include a roof that is approximately one year old, along with durable vinyl siding for low-maintenance living. Enjoy your mornings or evenings on the relaxing covered front porch, perfect for unwinding. The backyard is fully fenced and features mature trees that provide excellent shade, creating a great space for outdoor activities, pets, or entertaining. The front yard offers attractive landscaping that adds to the home’s curb appeal. Conveniently located near local amenities, this property combines space, comfort, and small-town living. Schedule your showing today to see all this home has to offer!

Investor Tools

Property Icon
$272,000
Estimated Property Value
$102,659Estimated Mortgage Balance
$169,341Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,632 /month
Positive
Cash Flow Estimate:
$544 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$240/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,525
$249,788
2025
$48,750
$201,038
$249,788
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,525
$249,788

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Conventional
$109,200
No
First
Feb 17, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$102,659
$169,341
62%
38%
$655/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.

Explore Texas Explore This Area
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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306 3rd Street | Property Details | No Agent List