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$312,172

NAL Estimated Property Value

13200 Fm 315, Palestine, TX, 75803

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,024 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$351.56 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1

Exterior

Lot Size33.85 acres

Building Information

Year Built2005

Land Information

APN19692
SubdivisionJames Burch
Land UseAgriculture / Farming
Legal DescriptionA0150 BURCH, JAMES BLOCK 1374 TRACT 6
Census Tract950100
Assessed Land Value$284,437
Assessed Improvement Value$27,735
Assessment Year2025

About this property

Welcome to your farm nestled on 33.91 acres in East Texas. This property boasts a unique blend of functionality and tranquility. The trailer house, and a partially completed second home inside the garage awaits your personal touch, with construction materials readily available on-site. Water is assured with not one, but two wells on the property. Explore the expansive landscape, featuring a generous pasture and a diverse mix of wooded areas with a pond. Is having livestock something that appeals to you? You will appreciate the multiple pens for easy management. A spacious chicken coop stands ready for your feathered friends, and a large livestock barn adds to the array of amenities, ensuring that your agricultural endeavors thrive. Seize the chance to own a farmstead that combines practicality with the allure of nature – this property truly has it all! The home sets back off the farm road with an easement in adding a touch of privacy. Old home on property has no value.

Investor Tools

Property Icon
$312,172
Estimated Property Value
$237,471Estimated Mortgage Balance
$74,701Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

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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
$1,467
$312,172
2025
$284,437
$27,735
$312,172
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,467
$312,172

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Farm Credit Mid America Flca
Unknown
$245,140
No
First
Aug 5, 2024
Sep 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,471
$74,701
23%
76%
$1,470/mo

City: Palestine

13200 Fm 315 | Property Details | No Agent List