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$549,000

1540 Neely Trl, Valley View, TX, 76272

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,833 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$299.51 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Gas Water Heater, Microwave
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesOutdoor Grill, Outdoor Kitchen, Rain Gutters
Lot Size2.97 acres

Building Information

Year Built2003
Roof Type105
Garage Spaces2

Land Information

APN113426
Lot Number1
SubdivisionPrairie Grove Est Subd
Land UseResidential
Legal DescriptionPRAIRIE GROVE EST SUBD; LOT 1; ACRES 2.97
Census Tract000702
Assessed Land Value$189,597
Assessed Improvement Value$306,777
Assessment Year2025

About this property

Country living at its finest! Enjoy the peace, privacy & natural beauty of nearly 3 wooded acres with this UPDATED, MOVE-IN READY 3-bed, 2-bath home. Offering outdoor entertaining & versatile workshop space, it features a modern kitchen w. granite counters & SS appliances, outdoor kitchen & covered entertaining patio, 20x30 detached shop w. electric & water + adjoining 30x30 covered shop or carport. With horses, chickens & livestock permitted, this property is ideal for those dreaming of a peaceful country retreat near Lake Ray Roberts! A covered front porch nestled beneath the trees invites you to relax & enjoy the natural setting. Inside, the open floorplan connects the living, dining & kitchen space. The cozy fireplace creates a warm gathering space, w. direct access to the covered back patio. The kitchen features abundant white cabinetry & a breakfast area w. a wall of windows overlooking the peaceful, wooded backyard. The flexible dining area, currently used as a playroom, could also serve as a home office or hobby space. Outdoor living shines w. a covered patio complete w. bar, outdoor kitchen w. grill, Blackstone griddle & refrigerator, ceiling fans & TV mount. Enjoy weekend cookouts, game days & evenings w. friends in your own backyard retreat! A cleared grassy area offers plenty of room for play, pets & outdoor activities, while the surrounding trees provide a tranquil connection to nature. The 20x30 detached shop has a concrete slab, 120V & 240V electric & water - ideal for projects, hobbies, or workspace needs. The adjoining 30x30 open shop provides addt’l covered parking & storage for equipment, vehicles, or recreational toys. Located near Lake Ray Roberts, enjoy convenient access to outdoor recreation including boating, fishing, hiking, biking & nature trails. With nearly 3 acres, room for animals, flexible shop space & inviting indoor-outdoor living, this property delivers the space, freedom & relaxed country lifestyle you've been searching for!

Investor Tools

$397,770Estimated Mortgage Balance
$98,604Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,294 /month
Positive
Cash Flow Estimate:
$1,098 /month

Interested in this property?

Michael Naug

Coldwell Banker Apex, Realtors

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$701/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,928
$496,374
2025
$189,597
$306,777
$496,374
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$5,928
$496,374

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nuwave Lending Llc
Unknown
$428,400
No
First
Dec 2, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$397,770
$98,604
19%
80%
$2,569/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,070/mo
$2,569/mo
$-499/mo
5.0%

City: Valley View