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$389,900

383 Overlook, Valley Mills, TX, 76689

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,876 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$207.84 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListMust-SellHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size28,000 sqft

Building Information

Year Built1990
Stories1
Roof Type112
Garage Spaces1

Land Information

APN460755000083004
Lot Number11
SubdivisionRivercrest Est
Land UseResidential
Legal DescriptionRIVERCREST EST LOT 11 BLOCK 4 ACRES .6428
Census Tract004000
Assessed Land Value$28,370
Assessed Improvement Value$236,750
Assessment Year2025

About this property

Are you looking for a move-in ready country property just outside of Waco? 383 Overlook is exactly what you need! From the moment you pull up, you'll notice the complimentary wood accents and the added convenience of covered parking. With a beautiful front porch and back patio, this home has a wonderful setting for enjoying your morning coffee or watching the sunset. Upon entering, you will see a refreshed space featuring new interior paint and flooring throughout. The open-concept, recently remodeled kitchen and family room boast granite countertops, sleek matching appliances, and gorgeous views of your oversized yard, which is now fully enclosed by a stained privacy fence. Ultimate peace of mind comes standard here. A new stone-coated steel roof with gutters installed in 2023, water heater upgraded in 2021, and HVAC updated in 2025, plus a brand new aerobic septic system mean you won't have to spend a dime on major repairs for years to come. This home has the perfect floor plan for guests or family members, featuring two main suites with walk-in closets. Worried about storage? Come and see the incredible closets, extra-large laundry room, and shed in the backyard. A short 20-minute drive to Waco handles all of your shopping needs, while a quick trip into Valley Mills provides excellent schools and fun local shops. Rivercrest Estates offers a gorgeous loop with incredible views—a real gem just outside of the city that is waiting for you!

Investor Tools

Property Icon
$390,000
Estimated Property Value
$0Estimated Mortgage Balance
$159,274Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,340 /month
Positive
Cash Flow Estimate:
$780 /month

Interested in this property?

Sue Reed

Kelly, Realtors

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$264/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,218
$265,120
2025
$28,370
$236,750
$265,120
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,218
$265,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City National Bank Of Sulphur Springs
Conventional
$254,600
No
First
Jun 1, 2021
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$230,726
$159,274
40%
59%
$1,527/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,630/mo
$1,527/mo
+$103/mo
5.0%

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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383 Overlook | Property Details | No Agent List