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$186,000

NAL Estimated Property Value

122 Brierwood Dr, Palestine, TX, 75801

$212,700 ARVInfo
Off MarketInfo
Beds4 Beds
Baths1,508 Sq Ft
price_per_sqft$124.34 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 2Bathrooms Half 2
AppliancesElectric Water Heater

Exterior

Lot Size10,001 sqft

Building Information

Year Built1956

Land Information

APN31184
Lot Number21
SubdivisionInwood Terrace Addition
Land UseResidential
Legal DescriptionINWOOD TERRACE LOT 21
Census Tract950800
Assessed Land Value$9,000
Assessed Improvement Value$152,469
Assessment Year2025

About this property

Fully renovated, affordable, and beautiful! This cute 4/2 home is ready for it's new owner to fill it with friends, family, laughter, and memories. With just over 1500 square feet for well under $200,000, you'll be hard pressed to find a better value! On the exterior, you will find a spacious front and back yard, with an inviting deck, perfect for those summer nights spent visiting late with friends. As you venture inside, you'll notice a modern look, with light and airy finishes. The vinyl plank flooring throughout provides durability, low maintenance, and a warm look and feel for the spaces. The thoughtfully-designed kitchen, fully equipped with a suite of new appliances, provides abundant space and makes a convenient venue for preparing unforgettable meals. You'll thoroughly enjoy the flexibility that the open living area provides, and you will appreciate how spacious the floor plan makes the home look and feel. The owner has had lots of work done, including the foundation and roof! This is the perfect home for a first-time buyer, or an investor looking for an easy turn-key rental. Come see it, and make it yours!

Investor Tools

Property Icon
$186,000
Estimated Property Value
$131,449Estimated Mortgage Balance
$54,551Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$212,699
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,125 /month
Positive
Cash Flow Estimate:
$375 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$372/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,538
$161,469
2025
$9,000
$152,469
$161,469
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,538
$161,469

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rflf 4 Llc
Open End Mortgage / Open End With Future Advance Clause
$133,000
No
First
Sep 18, 2025
Oct 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$131,449
$54,551
29%
71%
$798/mo

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: Palestine

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122 Brierwood Dr | Property Details | No Agent List