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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

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: Palestine

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13200 Fm 315 | Property Details | No Agent List