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$509,000

708 Mill Rd, Angleton, TX, 77515

Off MarketInfo
Baths3 Bath
Baths1,934 Sq Ft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling

Exterior

Lot Size2.29 acres

Building Information

Year Built2023
Stories1
Roof Type105
Garage Spaces2

Land Information

APN1534-0142-000
Lot Number142
SubdivisionBar X Ranch Sec 2
Land UsePublic Works
Legal DescriptionBAR X RANCH SEC 2 (A0038 J B BAILEY) BLK 1 LOT 142 ACRES 2.29
Census Tract662500
Assessed Land Value$70,620
Assessed Improvement Value$430,610
Assessment Year2025

About this property

Welcome to 708 Mill Rd, this land is just over 2 acres located in the highly sought after subdivision of Bar X. You can build your dream home in the growing community of Bar X Ranch. With such a peaceful environment you can really take in the atmosphere of deer & wildlife. Near city conveniences. Bar x Ranch offers many family-friendly amenities including clubhouses, pavilion, swimming pools, tennis courts, fishing & overnight accommodations. Schedule your appointment to day to view this property and be a part of this great community!

Investor Tools

Property Icon
$509,000
Estimated Property Value
$397,500Estimated Mortgage Balance
$119,709Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,054 /month
Positive
Cash Flow Estimate:
$1,018 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$352/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,684
$501,230
2025
$70,620
$430,610
$501,230
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,684
$501,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Dow Employees Cu
Building Or Construction Loan
$397,500
No
First
Sep 18, 2023
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$389,291
$111,939
22%
76%
$3,128/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: Angleton

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708 Mill Rd | Property Details | No Agent List