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$222,000

NAL Estimated Property Value

505 Mill Street, Valley View, TX, 76272

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths960 Sq Ft
price_per_sqft$134.38 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Refrigerator
FlooringCarpet

Exterior

Lot Size10,803 sqft

Building Information

Year Built1970
Roof Type105
Garage Spaces1

Land Information

APN14532
Lot Number10-11,9
SubdivisionValley View Orginal Donation
Land UseResidential
Legal DescriptionVALLEY VIEW ORGINAL DONATION; BLOCK P; LOT 10-11 & PT OF 9
Census Tract000900
Assessed Land Value$53,308
Assessed Improvement Value$112,910
Assessment Year2025

About this property

A darling brick home located just off the square in Valley View. The home offers 2 bedrooms, 1 bath, 1 car garage, Nice size fenced in back yard and trees on the property. It is minutes from I35 an 18 miles from WinStar.

Investor Tools

Property Icon
$222,000
Estimated Property Value
$92,800Estimated Mortgage Balance
$129,200Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,332 /month
Positive
Cash Flow Estimate:
$444 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$232/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,678
$166,218
2025
$53,308
$112,910
$166,218
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,678
$166,218

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Conventional
$102,600
No
First
May 21, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$92,800
$129,200
58%
42%
$616/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$616/mo
+$1,024/mo
8.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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 View

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