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$369,000

116 Larkspur Ln, Palestine, TX, 75803

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,807 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.46 / sqft
Year BuiltBuilt in 1972

About this property

Room to Grow with Comfort & Upgrades! 4BR/2BA Brick HOME ready for a large family, multi-generational living or entertaining guests. Newer Double-hung storm windows, durable tile flooring in the entry, hallway, kitchen & LR along w/wood laminate flooring in the BRs. 2 freestanding gas log fireplaces, conveniently located at entry & the in the den. Primary suite offers a walk-in closet & has its own dedicated HVAC package unit allowing you to customize the temperature! The hallway also features 2 linen closets, providing abundant storage. Enormous approx 864sqft den complete w/ its own 24,000 BTU mini-split & a double entry oversized closet. This versatile space can serve as a second family room, game room, home office or even a 5TH BR. The den opens through double French doors into a bright sunroom (currently used as a craft room) offering even more space. Outside is just as abundant w/a private backyard featuring an expansive gazebo covered patio & grilling area w/decking, privacy fencing & a large workshop. Electrical panel has been upgraded to accommodate future power to the workshop. Newer 5-ton Lennox HVAC system w/2 splits for added climate control throughout! Come On!

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$227,218
Estimated Property Value
$0Estimated Mortgage Balance
$227,218Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,214 /month
Positive
Cash Flow Estimate:
$738 /month

Interested in this property?

Christie Scroggins

Landmark Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$371/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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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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116 Larkspur Ln | Property Details | No Agent List