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$260,000

117 Palomino Ln, Krum, TX, 76249

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,637 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.83 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
FlooringCeramic Tile, Linoleum, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size8,124 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR247641
Lot Number14
SubdivisionSaddlebrook Estates Ph 1 (Krum Isd)
Land UseResidential
Legal DescriptionSADDLEBROOK ESTATES PH 1 (KRUM ISD) BLK B LOT 14
Census Tract020405
Assessed Land Value$73,125
Assessed Improvement Value$208,875
Assessment Year2025

About this property

Welcome to 117 Palomino Lane in sought-after Saddlebrook Estates! This inviting one-story home offers a thoughtfully designed three-way split bedroom floor plan, giving everyone their own space while providing exceptional functionality for everyday living. All three bedrooms feature walk-in closets, while the spacious primary suite offers a relaxing retreat with a private bath featuring a separate garden tub and shower. The open-concept living, dining and kitchen areas create an ideal gathering space, with laminate flooring throughout the main living areas and laundry room. The spacious kitchen offers abundant counter space, a large breakfast bar and views of the backyard, flowing effortlessly into an oversized dining area. A generous utility room adds exceptional versatility with room for an extra refrigerator plus extensive shelving for pantry items, linens and household storage. NEW HVAC 2025! Step outside to an extended covered patio overlooking the spacious backyard, complete with two shade trees and a sandbox—an inviting setting for outdoor entertaining, play or simply enjoying the Krum lifestyle. Conveniently located near the neighborhood park and playground, all schools and minutes from downtown Krum, with easy access to Denton, I-35, shopping, dining and entertainment. Comfortable, functional and ready to welcome you home!

Investor Tools

$156,854Estimated Mortgage Balance
$139,146Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,776 /month
Positive
Cash Flow Estimate:
$592 /month

Interested in this property?

Gayla Lowke

Ebby Halliday, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$603/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,760
$282,000
2025
$73,125
$208,875
$282,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,760
$282,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Choice Loan Services Inc
Fha
$191,468
Yes
First
Nov 17, 2017
Dec 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,854
$139,146
47%
53%
$1,148/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,348/mo
+$772/mo
8.6%

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: Krum

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117 Palomino Ln | Property Details | No Agent List