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$231,000

112 Palmo Dr, Luling, TX, 78648

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,273 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194.82 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Free-Standing Electric Range, Refrigerator
FlooringLaminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size8,015 sqft

Building Information

Year Built2019
Stories1
Garage Spaces1

Land Information

APN0600708-002-000-70
Lot NumberB
SubdivisionCountry Club Sub
Land UseResidential
Legal DescriptionCOUNTRY CLUB SUB, LOT PT B, NE 72', S&E SE 20', ACRES .184 NE 72', S&E SE 20'
Census Tract960702
Assessed Land Value$27,650
Assessed Improvement Value$198,650
Assessment Year2025

About this property

This is a wonderful opportunity to own a home on Palmo Drive by the golf course and be OUT OF THE FLOOD PLAIN. Drive your golf cart to Luling's 9-hole Golf course or walk. The house was rebuilt in 2019, and they had the slab poured above flood elevation. The entire house is made to order and built by Danny Buckner. Clean, open and bright this home was built to accommodate handicap needs. There is a ramp from the driveway to the back porch for easy access by wheelchair into the house. No carpet and easy-care laminate. Interior and exterior have had the paint touched up for a fresh clean look. Recent appliances include range, dishwasher, refrigerator, washer and dryer. The central air has recently been serviced. Storage building is negotiable. Call to come view this quiet home soon. SELLER TO PAY $5000 TOWARDS BUYER CLOSING COSTS OR INTEREST RATE BUY DOWN.

Investor Tools

Property Icon
$231,000
Estimated Property Value
$175,000Estimated Mortgage Balance
$79,402Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,488 /month
Positive
Cash Flow Estimate:
$496 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$463/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,403
$226,300
2025
$27,650
$198,650
$226,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,403
$226,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Seven J Harter
Stand Alone Refi (Refinance Of Original Loan)
$175,000
No
First
Aug 8, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$152,255
$93,745
38%
66%
$1,050/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,631/mo
$1,050/mo
+$581/mo
8.5%

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.

Explore Texas Explore This Area
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: Luling

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112 Palmo Dr | Property Details | No Agent List