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Days55Days on Market
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$485,000

12322 Palmetto Dr, Mont Belvieu, TX, 77523

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,532 Sq Ft
price_per_sqft$191.55 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 3Bathrooms Half 3
AppliancesWater Heater, Disposal, Water Softener, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,399 sqft

Building Information

Garage Spaces3

Land Information

APN47560-00012-00300-000600
Lot Number6
Land UseSingle Family Residence
Legal DescriptionLOT 6 BLK 3 RICELAND SEC 2 AMENDED PLAT
Census Tract710100
Assessed Land Value$73,450
Assessed Improvement Value$380,890
Assessment Year2025

About this property

Welcome to this home in the highly sought-after Riceland master-planned community, where comfort, style, and functionality come together seamlessly. This beautiful 4-bedroom, 3-bath home also features a dedicated office/study perfect for working from home or quiet retreat space. With thoughtful upgrades throughout, you’ll love the elegant tray ceilings, along with a spacious tandem 3-car garage complete with built-in tool shelves for optimal organization. A tankless water heater, whole-home water softener, and reverse osmosis system for purified drinking water. The primary suite is a true retreat, featuring classic plantation shutters and a serene atmosphere to unwind. Step outside to find additional storage sheds, providing plenty of space for tools, hobbies, or outdoor equipment. Located in the top-rated Barbers Hill ISD, this home offers an unbeatable location in one of the area’s most desirable communities. This is the one you’ve been waiting for—schedule your showing today!

Investor Tools

$437,172Estimated Mortgage Balance
$43,515Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,910 /month
Positive
Cash Flow Estimate:
$970 /month

Interested in this property?

Ray White

Keller Williams Elite

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$753/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$454,340
2025
$73,450
$380,890
$454,340
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$454,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Parkstone Mortgage Llc
Va
$449,156
Yes
First
Nov 15, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$437,172
$17,168
3%
91%
$2,693/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.

Explore Texas Explore This Area
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: Mont Belvieu

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12322 Palmetto Dr | Property Details | No Agent List