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$422,000

11324 Pallasite Ct, Lorena, TX, 76655

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,598 Sq Ft
price_per_sqft$162.43 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Must-SellAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Microwave, Refrigerator
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size8,364 sqft

Building Information

Year Built2023
Stories2
Roof Type105
Garage Spaces1

Land Information

APN364058000006220
Lot Number22
SubdivisionPark Meadows South Ph 1
Land UseResidential
Legal DescriptionPARK MEADOWS SOUTH PH 1 LOT 22 BLOCK 6 ACRES .192
Census Tract003708
Assessed Land Value$44,660
Assessed Improvement Value$336,450
Assessment Year2025

About this property

Nestled on a spacious cul-de-sac lot this thoughtfully designed 2,598-square-foot home offers the perfect blend of style, functionality, and room to grow. Step through the grand entry and you'll immediately appreciate the flexible bonus room which is ideal as a home office, playroom, formal living area, or whatever best fits your lifestyle. The heart of the home features an expansive open-concept living room that flows effortlessly into the dining area and beautifully appointed kitchen. Complete with granite countertops, abundant wood cabinetry, and a generous walk-in pantry, this space is designed for both everyday living and effortless entertaining. The primary suite, conveniently located downstairs, is a relaxing retreat featuring a spacious walk-in closet with built-in storage, dual vanities, a separate shower, and a garden tub. The downstairs also includes a well-placed laundry room and convenient half bath for guests. Upstairs, you'll find three additional bedrooms centered around a versatile game room or second living area—creating the perfect space for movie nights, homework, or gathering with family and friends. Two full bathrooms upstairs provide plenty of room for everyone. Quality finishes are found throughout the home, including granite countertops, rich wood cabinetry, and ceramic tile flooring in the bathrooms and utility room. Every detail reflects thoughtful craftsmanship and timeless style. Outside, enjoy the privacy and space of a large lot while taking advantage of the neighborhood walking trail just steps from your front door. Located in the desirable Midway ISD and just minutes from I-35, shopping, restaurants, and everyday conveniences, this home offers the perfect combination of peaceful living and exceptional accessibility. Seller is offering a generous 1% buyer credit! Use it toward closing costs, buying down your interest rate, or however your lender allows to help make this home your own.Call today to schedule your private showing!

Investor Tools

$393,744Estimated Mortgage Balance
$12,194Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,532 /month
Positive
Cash Flow Estimate:
$844 /month

Interested in this property?

Crystal Lovett

Graceland Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$674/month
$38/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,073
$376,948
2025
$44,660
$336,450
$381,110
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,073
$376,948

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plains Commerce Bank
Va
$409,750
Yes
First
Mar 20, 2024
Apr 2064

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$393,744
$8,256
2%
97%
$2,457/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$2,495/mo
$-955/mo
4.6%

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: Lorena

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11324 Pallasite Ct | Property Details | No Agent List