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$342,000

NAL Estimated Property Value

104 Elmwood Ct, Palestine, TX, 75801

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,270 Sq Ft
price_per_sqft$158.55 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2.5Bathrooms 2.5
AppliancesDishwasher, Disposal, Electric Oven, Electric Range
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size12,580 sqft

Building Information

Year Built2009
Garage Spaces2

Land Information

APN844622
Lot Number17
SubdivisionHomestead At Fort Houston Unit
Land UseResidential
Legal DescriptionHOMESTEAD AT FORT HOUSTON UNIT 6 BLOCK E LOT 17
Census Tract950600
Assessed Land Value$22,014
Assessed Improvement Value$311,746
Assessment Year2025

About this property

Beautiful 3 bedroom 2.5 bath house nestled into one of the most family friendly neighborhoods Palestine, TX has to offer. Great location for going anywhere in town. This house offers an open floor plan, a gorgeous kitchen with granite countertops, a spacious office or study connected to the master bedroom with a large closet for storage. The backyard is your very own paradise with a pool and hot tub (there is an underground propane tank for heating the pool & hot tub in the winter), a view of the trees with no neighbor to the back, as well as a spacious backyard. New roof was put on less than 2 years ago. This gorgeous home is the best of both worlds with its convenient location and private oasis. It’s a must see. Listing agent is related to seller.

Investor Tools

Property Icon
$342,000
Estimated Property Value
$253,008Estimated Mortgage Balance
$88,992Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,159 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$603/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,530
$333,760
2025
$22,014
$311,746
$333,760
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,530
$333,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Federal Community Bank
Conventional
$272,000
No
First
Aug 23, 2022
Sep 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$253,008
$88,992
26%
74%
$1,631/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.

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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: Palestine

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104 Elmwood Ct | Property Details | No Agent List