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$299,000

NAL Estimated Property Value

506 W 5th, Valley Mills, TX, 76689

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,092 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$183.06 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size9,060 sqft

Building Information

Year Built2014
Garage Spaces2

Land Information

APNR07385
Lot Number16
Land UseResidential
Legal DescriptionVALLEY MILLS OT BLOCK 26 LOT 19, 20 & 16(N/2)
Census Tract950700
Assessed Land Value$22,504
Assessed Improvement Value$228,907
Assessment Year2025

About this property

Beautifully finished 2BR 2BA main home with separate 1BR 1BA Cottage. Walk up to a quaint covered patio for entry. Main quarters has 2BR and 2BA all on one level. Open concept layout that offers granite counter tops, eat in kitchen area and bedrooms located on opposite sides of each other with a bathroom. Laundry room in a separate area and a pantry off the kitchen. As you exit the back of the home you walk through a covered breezeway to the 2 car garage with side entry. The separate Cottage will come fully furnished and has roughly 484 sq ft. It comes with a small bar area for coffee and a dining space, bathroom with tiled showed, tank-less hot water heater, window unit and vaulted ceiling.

Investor Tools

Property Icon
$299,000
Estimated Property Value
$166,453Estimated Mortgage Balance
$132,547Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$361/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,833
$251,411
2025
$22,504
$228,907
$251,411
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,833
$251,411

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Usda
$190,909
Yes
First
Nov 22, 2019
Dec 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,453
$132,547
44%
56%
$1,145/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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506 W 5th | Property Details | No Agent List