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Valley Mills 76689
602 5th Street
$214,700
● House - Off Market

602 5th Street

Valley Mills, TX 76689
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,610 Ft²
$314,271
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Fabulous Austin Stone home in Valley Mills ISD! This property has a lovely tree filled lot just blocks from HWY 6 and all amenities of town. The interior of this home boasts 3 spacious bedrooms and 2 full bathrooms. The open concept kitchen, living and dining room make this house perfect for entertaining guests. The kitchen is AMAZING! It features a HUGE island with lots of seating, tons of cabinetry and gorgeous granite countertops. The master suite is perfectly sized with a beautiful bathroom and large walk in closet. The laundry room is a DREAM with elevated washer and dryer space, sink, hanging space and beautiful granite countertops. This home is in immaculate condition and ready for you to call it, HOME!
Unit Size
1,610 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$133
Property Type
House
Property Taxes
$403
HOA Dues
-
Year Built
2014

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (NTREIS #14196540)

Price History

Date / Event Date Event Price
Nov 19, 2019 Sold
Premium
Sold
Oct 1, 2019 Listed by Magnolia Realty $214,700
Listed by Magnolia Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 432
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 1,610
  • Gross Building Area: 1,610
  • Building Area: 1,610
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,610
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORIGINAL TOWN OF VALLEY MILLS
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: VALLEY MILLS OT BLOCK 33 LOT 2 (E PT)

Neighborhood

  • School District Name: Valley Mills Independent School District
  • School Tax School District: VALLEY MILL ISD
  • Census Tract: 950700

Geography

  • Parcel: R07639
  • Block: 33
  • Lot: 2
  • Municipality: VALLEY MILLS
  • Latitude: 31.6559
  • Longitude: -97.4725

    Address

  • Full Address: 602 5th St
  • Address - House Number: 602
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: TX
  • City Name: Valley Mills
  • Carrier Code: R003
  • 4-Digit Zip Code: 4525
  • Zip Code: 76689

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $453,587
  • Tax Rate Code Area: G01 CVM SV

    Appraisal Valuation

  • Standard Deviation: 0.4699
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 6
  • Final Value: 243,790
  • High Value: 358,353
  • Low Value: 129,226

    Market Valuation

  • Market Total Value: $291,511
  • Market Land Value: $53,280
  • Market Improvement Value: $238,231

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $291,511
  • Assessed Land Value: $53,280
  • Assessed Improvements Value: $238,231

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 18, 2019
  • Current Sale Recording Date: Nov 20, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2019-03859
  • Previous Sale Recording Date: Mar 14, 2017
  • Previous Sale Contract Date: Mar 10, 2017
  • Previous Sale Amount: $213,800
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Valley Mills

Stats & Trends

Median Asking:

$229,000

Sale Price/ft²

$164

Below Asking

0.03%

Average Days on Market

116

Average Home Size

1643 ft²

Average Home Age

64.7 years

Currently For Sale

7 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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NTREIS

Listed by: Reagan Franco, Magnolia Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14196540
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 602 5th Street built and last sold?
The property at 602 5th Street was built in 2014 and last sold on Nov 18, 2019 for $210,200.
How much is this home worth?
The estimated value of the home located at 602 5th Street is $0.
What are some comparable homes to 602 5th Street?
There are currently no comparable homes to 602 5th Street.
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