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$397,000

NAL Estimated Property Value

1114 Nero Palace, New Caney, TX, 77357

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,533 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.88 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size21,000 sqft

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces2

Land Information

APN8397-02-51200
Lot Number28
SubdivisionRoman Forest 02
Land UseResidential
Legal DescriptionS839702 - ROMAN FOREST 02, BLOCK 18, LOT 28
Census Tract692804
Assessed Land Value$42,000
Assessed Improvement Value$353,000
Assessment Year2025

About this property

Single-family home located on an approximately ½-acre cul-de-sac lot in New Caney. This property offers 4 bedrooms, 2.5 baths, and a 3-car garage with a functional layout. The open floor plan connects the main living areas for everyday use and entertaining. The primary bedroom is located on the first floor. Upstairs features large secondary bedrooms and a spacious game room. A dedicated study provides additional flexible space. Covered back patio and expansive backyard with room for a variety of outdoor uses. Limited through traffic due to cul-de-sac location. Convenient access to nearby shopping, dining, and major roadways. Move-in ready.

Investor Tools

Property Icon
$397,000
Estimated Property Value
$358,350Estimated Mortgage Balance
$38,650Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,399 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$902/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,838
$395,000
2025
$42,000
$353,000
$395,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,838
$395,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Loan Star Inc
Conventional
$359,910
No
First
Feb 23, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$358,350
$38,650
9%
90%
$2,158/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: New Caney

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1114 Nero Palace | Property Details | No Agent List