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$207,071

NAL Estimated Property Value

602 S 7th Street, Valley Mills, TX, 76689

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,100 Sq Ft
price_per_sqft$172.64 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesElectric Water Heater, Dishwasher, Microwave, Other
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesOther, Garden
Lot Size5,009 sqft

Building Information

Year Built1950
Garage Spaces1

Land Information

APNR08301
Lot Number2
Land UseResidential
Legal DescriptionVALLEY MILLS OT BLOCK 35 LOT 2 (NEC)
Census Tract950700
Assessed Land Value$20,800
Assessed Improvement Value$186,271
Assessment Year2025

About this property

THE CUTEST corner lot farmhouse in Valley Mills, TX is officially on the market and is ready for you to call it HOME! This adorable and decked out 2 bedroom, 1 bath home has every update and detail you can imagine inside and still lots of original charm, like the beautiful hardwood floors still intact. You will LOVE the sprawling kitchen with tons of cabinet space, natural light and a great dining space to boot. The living room is wall-to-wall windows and is also super spacious. Other interior features include a laundry room, sliding barn door accents, beautiful herringbone tile floors and a wonderful neutral color palette throughout each room. You will also enjoy everything the exterior of this property has to offer. A HUGE corner lot, brand new chain link fence and tons of room to entertain in the front or back yard. There is also plenty of room to park your toys in the garage or extended driveway. This home is truly turn-key and will check off all your boxes for this price range!!

Investor Tools

Property Icon
$207,071
Estimated Property Value
$155,217Estimated Mortgage Balance
$51,854Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,242 /month
Positive
Cash Flow Estimate:
$414 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$278/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,299
$207,071
2025
$20,800
$186,271
$207,071
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,299
$207,071

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$169,653
No
First
Nov 17, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,217
$51,854
25%
75%
$1,018/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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602 S 7th Street | Property Details | No Agent List