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$635,000

100 Patriot St, Palmview, TX, 78572

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,638 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$387.67 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Private PoolPrivate Pool
Lot Size18,121 sqft

Building Information

Year Built1994
Stories1
Roof Type105
Garage Spaces2

Land Information

APNM5000-00-003-0011-01
Lot Number11
SubdivisionMission Groves Estates - Slj
Land UseResidential
Legal DescriptionMISSION GROVES ESTATES ASSR'S TR 1-OUT OF 7.62 ACS NE OF EXPWY LT 11 BK 3 0.416 AC
Census Tract020208
Assessed Land Value$48,189
Assessed Improvement Value$211,247
Assessment Year2025

About this property

This unique property in Palmview offers endless possibilities! Sitting on 1.41 acres of land, it includes a home with a swimming pool and a covered patio perfect for weekend cookouts and family gatherings. The large lot provides plenty of space for expansion, making it a great option for those looking for an investment property or future development potential. Its unbeatable location right next to the expressway offers quick access to shopping, dining, and schools.

Investor Tools

$287,787Estimated Mortgage Balance
$270,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,810 /month
Positive
Cash Flow Estimate:
$1,270 /month

Interested in this property?

Encore Fine Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$536/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,080
$241,750
2025
$48,189
$211,247
$259,436
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,080
$241,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Synergy One Lending
Conventional
$292,500
No
First
May 20, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,787
N/A
0%
107%
$1,754/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,200/mo
$1,754/mo
$-554/mo
5.3%

City: Palmview

100 Patriot St | Property Details | No Agent List