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A+
NoAgentList RatingHow are grades calculated?Info
Days29Days on Market
Views1view
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$134,000

$139,000

706 S Noyes Avenue, Melvin, TX, 76858

On MarketInfo
Price DropInfo
Beds3 Beds
Baths1 Bath
Baths1,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$89.33 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Gas Cooktop, Gas Oven, Microwave, Refrigerator
FlooringCarpet

Exterior

Lot Size1 acre

Building Information

Year Built1950

Land Information

APN27200
Land UseAgriculture / Farming
Legal Description757 9IRR CO
Census Tract950500
Assessed Land Value$7,000
Assessed Improvement Value$92,420
Assessment Year2025

About this property

Country Brick Home on 1 Acre in Melvin, Texas Set on a full acre in Melvin, Texas, this solid brick home delivers the space and functionality rural living demands. The metal roof offers long-lasting durability, and reliable central heat and air keep things comfortable through every Texas season. The updated kitchen is the clear highlight, with solid wood cabinets painted a fresh modern blue, a massive island perfect for prep and gathering, and an open concept layout that connects seamlessly to the living areas. The easy care vinyl flooring runs throughout. Outside, a small barn and separate shop provide serious utility for livestock, hobbies, equipment, and projects alike. Melvin sits in the heart of some of Texas’s best hunting country, making this property an equally strong fit as a hunting base camp or weekend retreat with all the comforts of home already in place. Quiet community, real acreage, and a move-in ready home with genuine updates. Come see it before it’s gone.

Investor Tools

$76,860Estimated Mortgage Balance
$22,560Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$804 /month
Positive
Cash Flow Estimate:
$268 /month

Interested in this property?

McKenna Behrens

Heartland Real Estate Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$140/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,178
$99,420
2025
$7,000
$92,420
$99,420
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,178
$99,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Brady National Bank
Conventional
$78,000
No
First
Sep 22, 2025
Sep 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$76,860
$22,560
22%
77%
$468/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.

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: Melvin

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706 S Noyes Avenue | Property Details | No Agent List