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$852,453

NAL Estimated Property Value

1126 Palmer Place, Richmond, TX, 77406

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,340 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.14 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Washer, Microwave, Gas Range, Convection Oven, Tankless Water Heater
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size1.21 acres

Building Information

Year Built2007
Stories1
Roof Type105
Garage Spaces3

Land Information

APN3183-01-001-0250-901
Lot Number25
SubdivisionFoster Crossing Sec 1
Land UseResidential
Legal DescriptionFOSTER CROSSING SEC 1, BLOCK 1, LOT 25, ACRES 1.209
Census Tract673300
Assessed Land Value$323,612
Assessed Improvement Value$577,002
Assessment Year2025

About this property

Country living at its finest! This custom built one story just about has it all. Two master suites with one being fully handicap accessible, perfect for a mother-in-law suite or guest quarters. The elegant kitchen with two sinks overlooks the living room and has beautiful pool views. Brand new high traffic carpet installed in the two additional bedrooms, freshly painted interior and brand new 50 year guarantee roof installed in 2020! This lot extends past the back fencing, totaling a little over 1.2 acres. Schedule your private or virtual showing today. This one will not last long!

Investor Tools

Property Icon
$852,453
Estimated Property Value
$432,669Estimated Mortgage Balance
$419,784Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,115 /month
Positive
Cash Flow Estimate:
$1,705 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,345/month
$1,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,873
$852,453
2025
$323,612
$577,002
$900,614
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,873
$852,453

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Conventional
$488,000
No
First
Jul 16, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$432,669
$419,784
49%
51%
$2,926/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$4,426/mo
$-1,686/mo
3.9%

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: Richmond

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1126 Palmer Place | Property Details | No Agent List