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$320,000

NAL Estimated Property Value

118 Palomino Ln, Krum, TX, 76249

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,306 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.91 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringCarpet, Linoleum

Exterior

Lot Size8,760 sqft

Building Information

Year Built2004
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR247659
Lot Number12
SubdivisionSaddlebrook Estates Ph 1 (Krum Isd)
Land UseResidential
Legal DescriptionSADDLEBROOK ESTATES PH 1 (KRUM ISD) BLK C LOT 12
Census Tract020405
Assessed Land Value$78,822
Assessed Improvement Value$241,178
Assessment Year2025

About this property

Fresh interior paint throughout! This spacious 4 bedroom, 2.1 bathroom home is located near Krum schools and has easy access to I-35. All 4 bedrooms and 2 full bathroom are upstairs, half bath downstairs. Huge master suite! At the top of the stairs is a cozy flex living space. This home has closets galore and an oversized pantry! Landlord will take care of the lawn. Refrigerator is available for an extra $10 per month.

Investor Tools

Property Icon
$320,000
Estimated Property Value
$186,070Estimated Mortgage Balance
$133,930Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$603/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,634
$320,000
2025
$78,822
$241,178
$320,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,634
$320,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)
$80,340
No
First
Apr 29, 2005
Jun 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,070
$133,930
41%
58%
$1,532/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,532/mo
+$588/mo
8.0%

City: Krum

118 Palomino Ln | Property Details | No Agent List