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24view

Owner Contacts

$369,000

601 Mill Rd, Springtown, TX, 76082

$450,521 ARV

Under Contract

3 Beds

2 Bath

2,098 Sq Ft

Single Family Residence

$175.88 / sqft

Built in 1989

Property Lead Type:

BankruptcyAuctionPre-ForeclosureDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

AppliancesDisposal, Microwave

FlooringCarpet, Other

Exterior

Lot Size4.82 acres

Building Information

Year Built1989

Stories1

Land Information

APN20143-002-001-00

Land UseResidential

Legal DescriptionACRES: 4.820 ABST: 143 SURVEY: B B B & C R R CO

Census Tract140411

Assessed Land Value$201,480

Assessed Improvement Value$152,530

Assessment Year2025

About this property

COUNTRY LIVING WITH A VIEW! Nestled on approximately 4.82 acres in beautiful Springtown, this unique property offers the space, privacy, and versatility you've been looking for. Perched on a scenic hilltop, the home captures beautiful views of the surrounding countryside, and mature trees create a peaceful setting with plenty of room to spread out. The two-story home features 3 bedrooms and 2 full baths, including a wood-burning brick fireplace, bay window ceramic tile and carpet flooring. the covered porch provides the perfect spot to relax and enjoy the tranquil surroundings. Must see to appreciate!!!!! This property may qualify for seller financing (Vendee)Seller's name is Secretary of Veterans Affairs. Seller DOES NOT pay customary closing costs: including title policy, escrow fees, survey or transfer fees. Proof of funds is required on cash transactions; a Lender Pre-Approval letter (dated within the last 30 days) is required for offers. No Survey Available

Investor Tools

$296,899Estimated Mortgage Balance

$143,858Estimated Equity

27% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$450,520

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,634 /month

Positive

Cash Flow Estimate:

$878 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$614/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$354,010

2025

$201,480

$152,530

$354,010

Tax History

Year

Tax Paid

Assessed Value

2025

N/A

$354,010

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Mortgage Research Center Llc

$329,539

Yes

First

Mar 11, 2021

Apr 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$296,899

$114,101

27%

68%

$1,976/mo

Learn About the Market: Opportunity in Texas

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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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