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$328,274

NAL Estimated Property Value

101 E Lamar St, Palmer, TX, 75152

$351,434 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths2,382 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$115.45 / sqft
Year BuiltBuilt in 1897

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringWood

Exterior

Lot Size18,731 sqft

Building Information

Year Built1897
Stories2
Roof Type105

Land Information

APN65.2001.003.003.00.110
Lot Number3,5
SubdivisionO T Palmer-Rev
Land UseResidential
Legal DescriptionLOT 3-5 BLK 3 O T PALMER-REV 0.43 AC
Census Tract060105
Assessed Land Value$71,500
Assessed Improvement Value$256,774
Assessment Year2025

About this property

Welcome to this charming historic home nestled in the heart of Palmer, offering a perfect blend of vintage allure and modern comforts. Built in 1897, this residence boasts timeless elegance & character at every turn. As you step inside, you'll be greeted by the warmth of hardwood floors that flow seamlessly throughout the 2,383 square feet of living space. The spacious layout features 3 bedrooms, providing ample room for relaxation and rest. A single bath exudes vintage charm with its classic fixtures and design elements, offering both functionality and style. The inviting front porch beckons you to unwind and enjoy the tranquility of the neighborhood, while the covered back patio provides an ideal setting for outdoor gatherings or simply savoring a quiet morning coffee. Conveniently located near I-45, this historic gem offers not only a delightful living space but also a connection to the rich heritage of the area. 2 3 ton HVAC units replaced in past 6 months. Close to I-45

Investor Tools

Property Icon
$328,274
Estimated Property Value
$185,582Estimated Mortgage Balance
$142,692Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$351,434
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,970 /month
Positive
Cash Flow Estimate:
$657 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$647/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,120
$328,274
2025
$71,500
$256,774
$328,274
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,120
$328,274

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Umortgage Llc
Conventional
$192,500
No
First
May 15, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,582
$142,692
43%
57%
$1,155/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,155/mo
+$865/mo
7.4%

City: Palmer

101 E Lamar St | Property Details | No Agent List