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$165,000

1405 Palm Street, La Marque, TX, 77568

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,322 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.81 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range

Exterior

Lot Size15,329 sqft

Building Information

Year Built1960
Stories1
Roof Type105

Land Information

APN4938-0000-0009-001
Lot Number9
SubdivisionMargot (Sw Of Ross St & Se Hl&P)
Land UseResidential
Legal DescriptionABST 150 J D MOORE SUR SW PT OF LOT 9 (9-1) MARGOT SUB & N BLK G SCOTTS ACRE HOME ADDN
Census Tract722800
Assessed Land Value$37,560
Assessed Improvement Value$118,340
Assessment Year2025

About this property

This one-story, 1960-built Craftsman-style residence is situated on an oversized 0.35-acre cleared lot within the established Margot Subdivision of La Marque. The home encompasses approximately 1,322 square feet of living space, featuring 3 bedrooms and 2 bathrooms. The property features a composition roof and a front porch. While the home does not include an enclosed garage, the exceptionally large, private lot and driveway provide ample off-street parking for multiple vehicles, including potential space to store a trailer or boat. The residence is conveniently located for commuters, offering easy access to major highways I-45 and TX-146.

Investor Tools

Property Icon
$163,000
Estimated Property Value
$0Estimated Mortgage Balance
$163,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$990 /month
Positive
Cash Flow Estimate:
$330 /month

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Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$198/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,560
$155,900
2025
$37,560
$118,340
$155,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,560
$155,900

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$163,000
100%
0%
$0/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: La Marque

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1405 Palm Street | Property Details | No Agent List