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$699,000

1460 N US HWY 287, Palestine, TX, 75803

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,600 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$436.88 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
AppliancesDishwasher, Gas Water Heater, Microwave
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Other
Lot Size19 acres

Building Information

Year Built2016
Garage Spaces1

Land Information

APN27840
SubdivisionWilson C Brown
Land UseResidential
Legal DescriptionA0964 BROWN, WILSON C BLOCK 1265 TRACT 15
Census Tract950901
Assessment Year2025

About this property

The perfect country home property located on 19 acres close to the town of Palestine. Built in 2016, this home comes with many upgrades including copper gutters, granite countertops, scored stained concrete floors, custom light fixtures, and window treatments. Flat parcel with a 2 acre pond (approximate), 1600 sq ft 3 bd, 2 bath home with an extra room for an office or 4th bedroom and barn(currently used as a game room area and drive through garage for the 4 wheeler, with an unfinished bathroom-24X20. Water is available in the barn, but it needs septic to finish the bathroom). The entry to the property is through an electronic iron gate with beautiful crepe myrtles leading the way. The home has a lovely front porch(6X40) and enclosed 12X40 sq ft patio with 3 sitting areas. The back area of the home is a private oasis with plenty of space to cook out (propane gas hookup for grills), lounge and enjoy. The above ground pool is fantastic for keeping cool in the summer. 25x20 carport to keep your cars under cover and a shipping container for storage. The pond has several bridges, a pier and gazebo. It is full of catfish and crappie. Beautiful sunsets over the pond! Utilities up at the top of the hill to make adding another building very easy. Perfect for enjoying privacy and the ability to build additional homes for a legacy property.

Investor Tools

Property Icon
$692,000
Estimated Property Value
$0Estimated Mortgage Balance
$665,787Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

Interested in this property?

Dana Staples

Staples Sotheby's International Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$562/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,289
$317,122
2025
N/A
N/A
$593,056
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,289
$317,122

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
B J Huffman Etal
Seller Carryback / Seller Financing / Seller Take-Back
$30,000
No
First
Jan 15, 2020
Jan 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$26,213
$665,787
96%
4%
$180/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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1460 N US HWY 287 | Property Details | No Agent List