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$196,000

NAL Estimated Property Value

194 An County Road 2209, Palestine, TX, 75803

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,440 Sq Ft
price_per_sqft$145.83 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Oven, Electric Range

Exterior

Lot Size21,824 sqft

Building Information

Year Built1984
Garage Spaces2

Land Information

APN64585
Lot Number15A
SubdivisionTown Creek Estates
Land UseResidential
Legal DescriptionTOWN CREEK ESTATES LOT 15A
Census Tract950901
Assessed Land Value$8,765
Assessed Improvement Value$160,751
Assessment Year2025

About this property

Nestled on a peaceful, scenic road, this delightful 3-bedroom, 2-bath home offers the perfect blend of rustic charm and modern comfort. Located just minutes from downtown Palestine, the property boasts expansive views of East Texas countryside, making it ideal for those seeking tranquility without sacrificing convenience. The home features a spacious living area, perfect for entertaining or cozy nights in. The kitchen is equipped with modern appliances, ample counter space, and a breakfast bar. The master suite is complete with an ensuite bath and walk-in closet. Step outside to enjoy .5 acres of beautifully maintained land, perfect for gardening, outdoor activities, or simply relaxing under the Texas sky. A covered porch and patio area provide the perfect setting for morning coffee or evening gatherings. This property is perfect for those looking to embrace country living with modern amenities, offering privacy and space, yet close enough to enjoy all the benefits of Palestine. Don’t miss this opportunity to make this beautiful property your forever home!

Investor Tools

Property Icon
$196,000
Estimated Property Value
$189,735Estimated Mortgage Balance
$6,265Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,260 /month
Positive
Cash Flow Estimate:
$420 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$293/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,535
$169,516
2025
$8,765
$160,751
$169,516
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,535
$169,516

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Commercial Bank Of Texas N A
Fha
$193,431
Yes
First
Apr 11, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,735
$6,265
3%
97%
$1,160/mo

City: Palestine

194 An County Road 2209 | Property Details | No Agent List