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$788,330

NAL Estimated Property Value

1549 E Us Highway 84, Palestine, TX, 75801

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,659 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.15 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave
FlooringBrick, Carpet, Ceramic Tile

Exterior

Exterior FeaturesPrivate Entrance
Lot Size15.08 acres

Building Information

Year Built1973
Garage Spaces4

Land Information

APN15250
SubdivisionMickum Main
Land UseResidential
Legal DescriptionA0040 MAIN, MICKUM BLOCK 869 TRACT 16
Census Tract950902
Assessed Land Value$140,896
Assessed Improvement Value$647,434
Assessment Year2025

About this property

There aren't enough words to describe this stunning property. Large family home, 15 manicured acres, gated entrance, beautifully landscaped, 2 large detached buildings, & minutes from town. As you enter the private gate, you'll wind through the woods to a picturesque 4-bedroom 3.5 bath home. All bedrooms are large & all have walk in closets with custom built-ins. The office has tons of natural light & custom built in desk-bookcases. The living room boasts beautiful brick floors, tons of windows, a FP & a wet bar. Granite countertops, double ovens, under counter ice machine and breakfast nook are a few perks of this large kitchen. You'll also find a large dining room for your family meals. Upstairs is a game room or flex space. Let's not forget the Generac generator. The 2 detached buildings offer a variety of options from a business, workshop, or MIL quarters. It's a must see!

Investor Tools

Property Icon
$788,330
Estimated Property Value
$516,540Estimated Mortgage Balance
$271,790Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,730 /month
Positive
Cash Flow Estimate:
$1,577 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,277/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,380
$788,330
2025
$140,896
$647,434
$788,330
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,380
$788,330

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Verabank Na
Va
$525,000
Yes
First
Jun 5, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$516,540
$271,790
34%
66%
$3,148/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.

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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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1549 E Us Highway 84 | Property Details | No Agent List