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$775,000

613 Bone Road, Valley Mills, TX, 76689

$799,000 ARVInfo
On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,406 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$227.54 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size13.01 acres

Building Information

Year Built2014
Stories2
Roof Type112
Garage Spaces3

Land Information

APN180033000939030
SubdivisionRabago M
Land UseAgriculture / Farming
Legal DescriptionRABAGO M ACRES 13.01
Census Tract004102
Assessed Land Value$130,010
Assessed Improvement Value$445,990
Assessment Year2025

About this property

Welcome to your own private slice of Texas countryside. Nestled on approx 13 beautiful acres within China Spring ISD, this ranch-style property blends peaceful country living with comfort, functionality & equestrian-ready amenities. The beautifully maintained home features 4 bedrooms & 4 full baths with a flexible layout designed for both everyday living & entertaining. Two spacious downstairs primary suites with private baths make the home ideal for multigenerational living, guests, or added privacy. Upstairs, two additional bedrooms share a full bath and provide plenty of room for family, visitors, or office space. Inside, the open-concept design is inviting with vaulted ceilings, abundant natural light & floor-to-ceiling brick fireplace that anchors the living area. The kitchen features rich custom cabinetry, large walk in pantry, built-in oven, microwave, dishwasher, generous prep space & picturesque views. The covered back patio, accented with rustic timber, provides the perfect setting to unwind, entertain, or simply enjoy peaceful sunsets overlooking your private acreage & pond. For horse enthusiasts or those seeking a true farm-and-ranch lifestyle, the insulated & heated barn is a standout feature. Complete with four 12x12 stalls with fans, water, storage & private 1-bedroom, 1-bath apartment, the setup is ideal for ranch help or additional living space. A 40-foot welded round pen is in place for groundwork, while the stocked lined pond adds both scenic beauty & functionality for livestock or recreation. Other features include RV parking, side-entry 2-car garage, metal roof, private water, septic system, 2 entrances to the property & plenty of room to roam, ride, or simply enjoy the serenity of country life while remaining conveniently located just minutes from Valley Mills & Waco amenities. This remarkable property delivers the best of Texas country living.

Investor Tools

Property Icon
$791,000
Estimated Property Value
$0Estimated Mortgage Balance
$761,203Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$799,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,746 /month
Positive
Cash Flow Estimate:
$1,582 /month

Interested in this property?

Patricia Meadows

Graceland Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$607/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,325
$576,000
2025
$130,010
$445,990
$576,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,325
$576,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capital Farm Credit Aca
Open End Mortgage / Open End With Future Advance Clause
$43,900
No
First
Jun 14, 2012
Jul 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$29,797
$761,203
96%
4%
$264/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,360/mo
$264/mo
+$1,096/mo
2.1%

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 Mills

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613 Bone Road | Property Details | No Agent List