$299,900
1248 Palo Alto Dr, Von Ormy, TX, 78073
On Market
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
Exterior
Lot Size8.82 acres
Building Information
Year Built1960
Land Information
APNR27458
Lot Number257,258
SubdivisionPalo Alto Unit Ii
Land UseResidential
Legal DescriptionPALO ALTO UNIT II, BLOCK 2, LOT 257,258, ACRES 8.82
Census Tract960206
Assessed Land Value$226,680
Assessed Improvement Value$34,200
Assessment Year2025
About this property
Serene country living, with close proximity to the city.Large lot, 8.82 +-acres.Plenty of room to build your dream home or bring your own mobile home.Gentle rolling terrain.Close proximity to Toyota Manufacturing Plant and Texas A&M San Antonio.There are 2 sheds and 2 barns.Electricity is already in place (CPS) as well as water (SAWS). There is also a septic system.
Investor Tools
$0Estimated Mortgage Balance
$322,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,932 /month
Positive
Cash Flow Estimate:
$644 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$252/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,410
$260,880
2025
$226,680
$34,200
$260,880
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,410
$260,880
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$322,000
100%
0%
$0/mo
